JD.com Announces Fourth Quarter and Full Year 2019 Results

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JD.com (JD) Misses Q4 EPS by 36c

March 2, 2020 6:01 AM EST

JD.com (NASDAQ: JD) reported Q4 EPS of $0.08, $0.36 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $82.46 million versus the consensus estimate of $166.72 million.

Fourth Quarter and Full Year 2019 Highlights

Net revenues for the fourth quarter of 2019 were RMB170.7 billion (US$124.5 billion), an increase of 26.6% from the fourth quarter of 2018. Net service revenues for the fourth quarter of 2019 were RMB21.0 billion (US$3.0 billion), an increase of 43.6% from the fourth quarter of 2018. Net revenues for the full year of 2019 were RMB576.9 billion (US$82.9 billion), an increase of 24.9%... More