* JD.Com Inc reported quarterly adjusted earnings of CNY4.34 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of CNY3.35. The mean expectation of six analysts for the quarter was for earnings of CNY5.36 per share. Wall Street expected results to range from CNY3.77 to CNY7.28 per share.
* Revenue rose 5.1% to $260.39 billion from a year ago; analysts expected CNY261.44 billion.
* JD.Com Inc's reported EPS for the quarter was CNY3.86.
* The company reported quarterly net income of $11.73 billion.
* JD.Com Inc shares had fallen by 15.1% this quarter and gained 26.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 6.1% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the department stores peer group is also "buy"
Wall Street's median 12-month price target for JD.Com Inc is 184.00 This summary was machine generated from LSEG data November 14 at 02:30 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 5.36 4.34 Missed
Jun. 30 2024 4.82 4.68 Missed
Mar. 31 2024 3.41 2.83 Missed
Dec. 31 2023 3.78 2.65 Missed
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