JD.com Q2 Adj EPADS $0.74 Beats $0.66 Estimate, Sales $39.71B Beat $38.71B Estimate
Portfolio Pulse from Benzinga Newsdesk
JD.com reported Q2 earnings of $0.74 per share, beating the analyst consensus estimate of $0.66 by 12.12%. This is a 21.31% increase from the same period last year. The company also reported quarterly sales of $39.71 billion, beating the estimate of $38.71 billion by 2.58%, but a 0.61% decrease from last year.
August 16, 2023 | 10:12 am
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POSITIVE IMPACT
JD.com's Q2 earnings and sales beat estimates, indicating a strong financial performance. However, a slight decrease in sales compared to last year might impact investor sentiment.
JD.com's earnings beat indicates a strong financial performance, which is likely to positively impact the stock price. However, the slight decrease in sales compared to last year might cause some concern among investors, potentially limiting the positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100