Shares of JD.com (JD 15.07%) were moving higher today after the Chinese e-commerce company delivered better-than-expected results in its fourth-quarter earnings report.The quarter showed that JD is still struggling in an increasingly competitive environment where the Chinese consumer is weak, but its revenue growth accelerated modestly from the third quarter, and some of its recent strategic changes seem to be yielding results.As of 10:53 a.m. ET, the stock was up 18.6% on the news. JD.com starts to make ch ...

JD.Com, Inc. (NASDAQ:JD) Q4 2023 Earnings Conference Call March 6, 2024 7:00 AM ET Company Participants Sean Zhang - Director, IR Ran Xu - CEO, Executive Director & CEO, JD Retail Ian Shan - CFO Conference Call Participants Ronald Keung - Goldman Sachs Group Kenneth Fong - UBS Alicia Yap - Citigroup Thomas Chong - Jefferies Operator Hello, and thank you for standing by for JD.com's Fourth Quarter and Full Year 2023 Earnings Conference Call. [Operator Instructions]. I would now like to turn the meeting over ...

Key TakeawaysChinese e-commerce giant JD.com reported stronger-than-expected revenue for the fourth quarter of 2023, sending its ADRs higher in early trading.JD.com reported revenue of 306.1 billion Chinese yuan ($43.1 billion), up 3.6% from the fourth quarter of 2022, and above analyst projections.The company noted it rolled out a series of low-price initiatives to boost sales, though it incurred a number of impairment charges, holding back profits.JD.com's net income for the fourth quarter was 3.4 billion ...

JD.com (NASDAQ:JD) is trending on social media and financial news websites, while JD stock is rallying over 15% today. The shares are jumping after the Chinese e-commerce firm delivered better-than-expected fourth-quarter results and announced a $3 billion stock buyback program.JD’s Q4 Results and Stock Buyback ProgramJD’s Q4 earnings per share last quarter, excluding certain items, came in at 75 cents or 5.3 Chinese yuan, up from 4.81 Chinese yuan during the same period a year earlier. Analysts, on average ...

Investing in value opportunities usually comes with a feeling that you are going against the consensus, where everyone else will misunderstand your reasoning behind a potential investment and even call you out on why you’re wrong. However, value investors like Warren Buffett and Michael Burry are used to ignoring this feeling, and they almost always come out winning.Key PointsThe boom in U.S. tech stocks like NVIDIA (NASDAQ: NVDA) has yet to cross over to tech stocks in other regions.Investors like Michael ...

BEIJING, March 06, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the three months and the full year ended December 31, 2023 and an annual cash dividend for the year ended December 31, 2023. The company also announced the adoption of a new share repurchase program under which the company may repurchase up to US$3.0 billion worth of its sh ...

JD.com, Inc. (JD) is slated to report fourth-quarter 2023 results on Mar 6.For the fourth quarter, the Zacks Consensus Estimate for revenues is pegged at $42.56 billion, indicating a decline of 0.6% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at 65 cents per share, suggesting a 7.1% decrease from the prior-year quarter’s number.JD.com surpassed the Zacks Consensus Estimate in all the trailing four quarters, delivering an earnings surprise of 14.5% on average.Factors ...

| --- | --- | --- | --- | --- | |--------------------------------------------------|---------------------------|------------------------------------------------------|---------------------------------|---------------| | | December 31, \n2022 RMB | For the three months December 31, \n 2023 RMB | ended December 31, \n 2023 US$ | YoY% \nchange | | | | (In millions, except | percentage data) | | | Electronics and home appliances revenues | 141,675 | 150,353 | 21,177 | 6.1% | | General merchandise revenues | 95, ...

In the latest trading session, JD.com, Inc. (JD) closed at $22.62, marking a -0.83% move from the previous day. This move lagged the S&P 500's daily gain of 0.52%. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq increased by 0.9%.Shares of the company have appreciated by 1.15% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 0.38% and lagging the S&P 500's gain of 3.85%.Market participants will be closely following the financial ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about JD.com, Inc. (JD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.JD.com, Inc. currently has an average br ...