JD.com Shares Slip After Earnings Miss Despite Stable Revenue

Group 1 - JD.com reported fourth-quarter earnings per share of RMB0.57, missing the consensus estimate of RMB0.67 [1] - Revenue for the quarter increased 1.5% year over year to RMB352.28 billion, roughly matching the consensus forecast of RMB352.89 billion [1] - Shares of JD.com edged about 1% lower intra-day following the earnings report [1] Group 2 - Adjusted EBITDA for the fourth quarter was negative RMB0.8 billion, compared to positive RMB12.5 billion in the same period a year earlier [2] - The non-GAAP EBITDA margin stood at negative 0.2%, down from 3.6% in the fourth quarter of the previous year [2] - JD Retail reported operating income of RMB9.8 billion during the quarter, slightly lower than RMB10.0 billion a year earlier, with an operating margin of 3.2% compared to 3.3% in the fourth quarter of the previous year [2]