JD.com reports Q3 revenue below expectations, shares down [Yahoo! Finance]
JD.com, Inc. - American Depositary Shares (JD)
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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Source: Yahoo! Finance
The company's US-listed shares fell over 3% in premarket trading. JD.com posted a 5.1% increase in total revenue for the third quarter, reaching 260.4 billion yuan ($35.95 billion), slightly below the market expectation of 261.45 billion yuan, as per LSEG data. Net income attributable to JD.com's ordinary shareholders rose by 47.8% year-over-year, reaching 11.7 billion yuan for the July-September quarter. “During the quarter, we were able to play an important role in China's trade-in program, thanks to our leading supply chain capabilities and fulfillment infrastructure that we've built over the past two decades,” said Sandy Xu, CEO of JD.com. "We believe we've laid a solid foundation for sustainable operational and financial progress in the months and years ahead." China's prolonged property market crisis, along with a broader economic slowdown and rising job insecurity, has weighed heavily on consumer confidence in the world's second-largest economy, impacting retail dema
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- JD.com Tops Q3 Earnings & Revenue Estimates: Buy, Sell or Hold Shares? [Yahoo! Finance]Yahoo! Finance
JD
Earnings
- 11/14/24 - Beat
JD
Sec Filings
- 11/14/24 - Form 6-K
- 10/31/24 - Form 6-K
- 9/30/24 - Form 144
- JD's page on the SEC website