Open live CFD account Try free demo
Call: 1800 885 571 Mail: support@gomarkets.com
Login Open account
Login Open account
Login Open account
News & analysis
Try free demo Open account
News & analysis
Try free demo Open account

JD.com Q4 numbers are in

11 March 2022 By Klavs Valters

Share

JD.com Inc. (JD) announced its fourth-quarter earnings numbers on Thursday.

The Chinese e-commerce company reported revenue of $43.422 billion (up by 23% year-over-year), slightly above Wall Street analysts forecast of $43.186 billion.

Earnings per share reported at $0.35 per share vs. $0.28 per share expected.

”We are pleased to finish the year with a set of strong results on both the top and bottom lines as we continued to execute and deliver on our strategic priorities,” said Sandy Xu, Chief Financial Officer of JD.com.

”During the quarter, we further optimized our operational efficiency through technology and innovation, increasing our competitiveness as well as our ability to support our business partners. In 2022, we will continue to execute our business strategies and focus on sustainable high-quality growth across all of our business lines,” Xu added.

JD.com Inc. (JD)

Share price of JD dropped following the latest financial results on Thursday, after the weakest revenue growth in six quarters. The stock was down by around 16% at $52.13 pe share.

Here is how the stock has performed in the past year –

  • 1 Month: -31.40%
  • 3 Month: -34.13%
  • Year-to-date: -25.20%
  • 1 Year: -41.77%

JD.com Inc. is the 163rd largest company in the world with total market cap of $85.95 billion.

You can trade JD.com Inc. (JD) and many other stocks from the NYSE, NASDAQ, HKEX and the ASX with GO Markets as a Share CFD. Trading Derivatives carries a high level of risk.

Sources: JD.com, TradingView, MetaTrader 5, CompaniesMarketCap

Ready to start trading?

Try free demo Open account

The information provided is of general nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information provided, you should consider whether the information is suitable for you and your personal circumstances and if necessary, seek appropriate professional advice. All opinions, conclusions, forecasts or recommendations are reasonably held at the time of compilation but are subject to change without notice. Past performance is not an indication of future performance. Go Markets Pty Ltd, ABN 85 081 864 039, AFSL 254963 is a CFD issuer, and trading carries significant risks and is not suitable for everyone. You do not own or have any interest in the rights to the underlying assets. You should consider the appropriateness by reviewing our TMD, FSG, PDS and other CFD legal documents to ensure you understand the risks before you invest in CFDs. These documents are available here.

#Economy #Economics #Finance #Markets