JD.com: Q1 Earnings Insights

JD.com 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.

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.

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.

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