Categories Earnings, Retail

Earnings preview: likely to deliver positive results in Q2 Inc. (NASDAQ: JD) is scheduled to report second quarter 2019 earnings results on Tuesday, August 13, before market open. Analysts expect the company to report earnings of $0.07 per share on revenue of $21.7 billion. has a strong foothold in the ecommerce market and the momentum in this area is likely to benefit the second quarter results. The company’s efforts in improving its product offerings and expanding into new markets are expected to help drive growth. Q2 2019 earnings preview
Image courtesy: corporate blog has entered into partnerships with several major retailers and these alliances are expected to be beneficial to the company. Its strong logistics network which helps in providing efficient delivery services is another advantage.

However, the economic conditions in China and the trade tensions with the US could prove to be a dampener. has been investing significantly in its business and these investments could lead to higher expenses which is another cause of concern for the quarter.    

In the first quarter of 2019, reported better-than-expected revenue and earnings. Revenue grew around 21% year-over-year to RMB121.1 billion ($18 billion) while adjusted net income per ADS was RMB2.23 ($0.33).

Quarterly active customer accounts rose by 15% versus the year-ago period. Annual active customer accounts increased to 310.5 million in the twelve months ended March 31, 2019 from 305.3 million in the twelve months ended December 31, 2018.

For the second quarter of 2019, expects net revenues to grow 19-23% to a range between RMB145 billion and RMB150 billion.’s shares have gained 26% so far this year. The majority of analysts have rated the stock as Buy and it has a 12-month price target of $35.10.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Key highlights from Autodesk (ADSK) Q4 2021 earnings results

Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per

Infographic: Beyond Meat (BYND) reports wider Q4 loss; Revenue up 4%

Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus

Virgin Galactic stock tanks on delayed test flight

Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000


Add Comment
Viewing Highlight