JD.com Rises 1.14% as Analysts Lift Estimates Ahead of Earnings

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Summary · why it matters

JD.com, Inc. shares closed up 1.14% at $26.60, outpacing a 0.25% loss for the S&P 500 on a day when the Dow fell 0.86% and the Nasdaq gained 0.24%. The company is expected to report earnings per share of $1.05 for its upcoming quarter, up 101.92% from the prior-year quarter, on revenue of $46.07 billion, a 9.66% increase. For the full year, the Zacks Consensus Estimates project earnings of $3.34 per share and revenue of $202.54 billion, representing changes of +30.98% and +10.28%, respectively, from the prior year. The Zacks Consensus EPS estimate has moved 6.71% higher within the past month, and JD.com currently carries a Zacks Rank #3 (Hold). The stock trades at a Forward P/E ratio of 7.87, a discount to the average Forward P/E of 15.46 for its Internet - Commerce industry, which holds a Zacks Industry Rank of 191, placing it in the bottom 23% of all 250+ industries.

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Consumer Discretionary▲ · 1 stocks
Jd Com Inc
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Analysts lifted EPS estimates ahead of earnings, with the Zacks Consensus EPS estimate up 6.71% in the past month.