JD.com Q4 Revenue Tops Estimates, Up 13%
JD.com reported strong top-line and bottom-line growth in its Q4 2024 earnings, exceeding expectations.
Chinese e-commerce giant JD.com (NASDAQ:JD) reported fourth-quarter and full-year 2024 earnings on Thursday, March 6, that topped analysts' consensus expectations. Adjusted net income per American depositary share rose to $1.02, significantly outpacing analysts’ forecasts of $0.87. Revenue reached RMB347 billion ($47.5 billion), a 13.4% increase year over year, exceeding expectations of RMB330.66 billion ($46.1 billion).
Overall, the quarter showcased a solid performance, with growth across principal metrics and successful execution of customer engagement tactics.
Source: JD.com. Note: Analysts' consensus estimates for the quarter provided by FactSet. YOY = Year over year. EPS is per American depositary share.
