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JD.com Q4 numbers are in

11 March 2022 By Klavs Valters

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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

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