JD.Com (JD) Posts Quarterly Earnings Results
JD.Com (NASDAQ:JD) posted its quarterly earnings results on Friday. The information services provider reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.06), Morningstar.com reports. The company had revenue of $110,165.33 billion for the quarter, compared to analyst estimates of $108.88 billion. JD.Com had a positive return on equity of 0.83% and a negative net margin of 0.29%. The firm’s revenue for the quarter was up 38.7% compared to the same quarter last year. During the same period last year, the firm earned ($0.40) EPS.
Shares of JD.Com (NASDAQ JD) opened at $43.80 on Friday. The stock has a market capitalization of $62,369.62, a price-to-earnings ratio of -1,459.51 and a beta of 1.51. JD.Com has a one year low of $29.88 and a one year high of $50.68. The company has a quick ratio of 0.79, a current ratio of 1.12 and a debt-to-equity ratio of 0.30.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in JD. Green Square Capital LLC bought a new stake in shares of JD.Com during the 4th quarter valued at $239,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of JD.Com by 29.1% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 10,737 shares of the information services provider’s stock valued at $445,000 after acquiring an additional 2,420 shares during the period. Grandeur Peak Global Advisors LLC bought a new stake in shares of JD.Com during the 4th quarter valued at $9,422,000. Handelsbanken Fonder AB lifted its position in shares of JD.Com by 13.5% during the 4th quarter. Handelsbanken Fonder AB now owns 252,000 shares of the information services provider’s stock valued at $10,438,000 after acquiring an additional 30,000 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in shares of JD.Com by 39.1% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 207,700 shares of the information services provider’s stock valued at $8,603,000 after acquiring an additional 58,400 shares during the period. Institutional investors and hedge funds own 44.78% of the company’s stock.
JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.
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