JD.com: Q1 Earnings Insights

Benzinga · 05/11/2023 10:00

JD.com (NASDAQ:JD) reported its Q1 earnings results on Thursday, May 11, 2023 at 05:45 AM.

Here's what investors need to know about the announcement.

Earnings

JD.com beat estimated earnings by 35.29%, reporting an EPS of $0.69 versus an estimate of $0.51.

Revenue was down $2.43 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.2 which was followed by a 2.9% drop in the share price the next day.

Here's a look at JD.com's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.5 0.63 0.40 0.24
EPS Actual 0.7 0.88 0.61 0.40
Revenue Estimate 42.73B 34.42B 38.63B 34.82B
Revenue Actual 42.84B 34.24B 39.95B 37.80B

To track all earnings releases for JD.com visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.