Investing.com - JD (NASDAQ:JD).com Inc Adr reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
JD.com Inc Adr announced earnings per share of 4.06 on revenue of 267.6B. Analysts polled by Investing.com anticipated EPS of 2.78 on revenue of 263.06B.
JD.com Inc Adr shares are down 21% from the beginning of the year, still down 40.32% from its 52 week high of 92.69 set on November 23, 2021. They are broadly in line with the Nasdaq 100 which is down 21.01% from the start of the year.
JD.com Inc Adr shares gained 2.58% in pre-market trade following the report.
JD.com Inc Adr follows other major Consumer Discretionary sector earnings this month
JD.com Inc Adr's report follows an earnings missed by Amazon.com on July 28, who reported EPS of -0.2 on revenue of 121.23B, compared to forecasts EPS of 0.1199 on revenue of 119B.
Louis Vuitton ADR had beat expectations on July 26 with second quarter EPS of 2.63 on revenue of 18.95B, compared to forecast for EPS of 2.59 on revenue of 18.27B.
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