JD Stock Rises Ahead of Q3 Earnings Announcement

Nov 13, 2024

JD.com (JD, Financial) experienced a 1.69% increase in its stock price, reaching $36.7 in pre-market trading. The company is set to release its third-quarter earnings report soon. Analysts and investors are paying close attention to JD's revenue growth, net profit acceleration, gross merchandise volume (GMV), and any buyback plans in the forthcoming report.

Projections indicate that JD.com is expected to achieve a revenue of 260.356 billion yuan, marking a 5.11% year-over-year increase. Additionally, earnings per share (EPS) are anticipated to grow by 23.69%, reaching 6.18 yuan.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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