Tuesday, August 13, 2019 3:18:25 PM
JD.COM beats on earnings, Lots of upside potential
The company's total net revenue rose to 150.28 billion yuan ($21.28 billion) in the second quarter ended June 30 from 122.29 billion yuan a year earlier. Analysts were expecting revenue of 147.49 billion yuan, according
to IBES data from Refinitiv. JD .com posted a net income of 545.9 million yuan compared with a net loss of 2.28 billion yuan, a year earlier.
AVERAGE ANALYSTS PRICE TARGET $34
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATIO 86
SHORT INTEREST 4.5%
The company's total net revenue rose to 150.28 billion yuan ($21.28 billion) in the second quarter ended June 30 from 122.29 billion yuan a year earlier. Analysts were expecting revenue of 147.49 billion yuan, according
to IBES data from Refinitiv. JD .com posted a net income of 545.9 million yuan compared with a net loss of 2.28 billion yuan, a year earlier.
AVERAGE ANALYSTS PRICE TARGET $34
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATIO 86
SHORT INTEREST 4.5%
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