Categories AlphaGraphs, Consumer, Earnings
JD Earnings: Everything you need to know about JD.com’s Q3 results
JD.com Inc. (NASDAQ: JD) on Friday reported an 11% increase in third-quarter revenues. Adjusted earnings of the China-based e-commerce firm nearly doubled year-over-year during the period.
Earnings, excluding special items, increased 98% year-over-year to $0.88 per ADS during the three-month period. On an unadjusted basis, the net profit was $839 million or $0.50 per ADS, compared to a loss in the prior-year quarter.
At $34.2 billion, third-quarter revenues were up 11% from the corresponding period of 2021. At the end of June 2022, JD.com had a total of 588.3 million active customer accounts, which is up 7% year-over-year.
Check this space to read management/analysts’ comments on quarterly reports
“Looking ahead, we are confident that our well-established supply chain infrastructure, technical capabilities, as well as the social responsibility we shoulder, will continue to enable JD.com to play an important role in the new development phase in the years to come,” said Lei Xu, CEO of JD.com.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
BLK Q4 Preview: BlackRock appears poised for another earnings beat
BlackRock, Inc. (NYSE: BLK), the largest asset management company, is expected to publish its fourth-quarter 2025 results next week. The update is expected to shed light on how the firm’s
A look at Best Buy’s (BBY) progress on its growth strategy
Shares of Best Buy Co., Inc. (NYSE: BBY) fell over 3% on Wednesday. The stock has dropped 17% over the past 12 months. The consumer electronics retailer delivered sales and
Citigroup set to report Q4 2025 earnings. Here’s what to expect
Citigroup Inc. (NYSE: C) has undergone a sweeping transformation in recent years, emerging as a more streamlined and profitable financial institution. The bank's performance in recent quarters has underscored the
