JD.com (JD) shares advance as Q1 earnings, revenue exceed expectations
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JD.com, Inc (JD) PT Raised to $40 at US Tiger Securities
May 17, 2024 10:59 AM EDTUS Tiger Securities analyst Bo Pei raised the price target on JD.com, Inc (NASDAQ: JD) to $40.00 (from $35.00) while maintaining a Buy rating.
... MoreJD.com, Inc (JD) PT Raised to $40 at UBS
May 17, 2024 5:58 AM EDTUBS analyst Jerry Liu raised the price target on JD.com, Inc (NASDAQ: JD) to $40.00 (from $37.00) while maintaining a Buy rating.
The analyst comments "1) Revenue outlook: We estimate JD delivered double digit GMV growth in 1Q with Apr staying resilient. By category,... More
JD.com, Inc (JD) PT Raised to $43 at BofA Securities
May 17, 2024 4:49 AM EDTBofA Securities analyst Brandy Sun raised the price target on JD.com, Inc (NASDAQ: JD) to $43.00 (from $38.00) while maintaining a Buy rating.
The analyst comments JD reported net revs of RMB260b (+7.0% YoY), in-line with the expectation. JD Retail (JDR) saw 7% YoY growth in revs. By category, electronics, and home appliances direct... More
JPMorgan Reiterates Neutral Rating on JD.com, Inc (JD)
May 16, 2024 1:54 PM EDTJPMorgan analyst Andre Chang reiterated a Neutral rating and $28.00 price target on JD.com, Inc (NASDAQ: JD).
The analyst comments "We expect JDs share price to show a mildly positive response to a better-than-expected 1Q24 total earnings which rose 18% YoY to 25%/21% ahead of... More
Chinese retailer JD.com's low price strategy helps revenue beat expectations
May 16, 2024 6:08 AM EDTBy Akash Sriram and Casey Hall
(Reuters) -Chinese online retailer JD.com on Thursday reported first-quarter revenue that beat market estimates, as price cuts and discount coupons helped boost sales that have been hit by cautious consumers.
JD.com and traditional rival Alibaba Group have been cutting prices and offering discounts to defend e-commerce market share in the world's second largest economy, where consumers are gravitating toward low-cost, discount-focused platforms. JD.com CEO Sandy Xu said that categories including general merchandise, electronics and home goods, particularly mobile phones, as well as apparel, were among the... More
JD.com (JD) Tops Q1 EPS by 96c
May 16, 2024 6:03 AM EDTJD.com (NASDAQ: JD) reported Q1 EPS of RMB5.65, RMB0.96 better than the analyst estimate of RMB4.69. Revenue for the quarter came in at RMB260.05 billion versus the consensus estimate of RMB258.03 billion.
For earnings history and earnings-related data on JD.com (JD) click here.
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