JD.com: Excellent Q3 Results, Cheap Again
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JD.com reported strong Q3 earnings, surpassing analyst expectations in both revenue and profit. The company is valued at 9x forward net profits and 6x forward EV/EBITDA, focusing on profitability with an 18% increase in operating profit and a $5 billion share repurchase program.
November 14, 2024 | 4:15 pm
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JD.com reported excellent Q3 results, beating expectations in revenue and profit. The company is focusing on profitability, with an 18% increase in operating profit and a $5 billion share repurchase program, making it attractively valued.
JD.com's strong Q3 earnings, surpassing expectations, indicate robust financial health. The focus on profitability and a significant share repurchase program are positive signals for investors, likely boosting short-term stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100