JD.com’s Earnings Are Up Next. What Investors Are Worried About.

Published 2 months ago Positive
JD.com’s Earnings Are Up Next. What Investors Are Worried About.
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JD.com stock got a nice bump this week, but quarterly earnings will help decide whether the rally has legs. Tariffs on China are a factor, but investors’ main concern has been that JD has overinvested in its JD Logistics food-delivery business. JD is expected to report quarterly net income of 6.51 billion Hong Kong dollars ($829 million) on revenue of HK$365.99 billion ($46.62 billion), according to FactSet.

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