What to Expect When JD.com (JD) Reports Fourth-Quarter Earnings Tomorrow
NEW YORK (TheStreet) -- Shares of JD.com (JD) - Get Report were up 1.01% to $27.95 in morning trading Monday ahead of the Chinese e-commerce company's scheduled fourth-quarter earnings report on Tuesday before the market open.
The consensus estimate calls for JD.com to report a loss of 2 cents a share on revenue of $5.3 billion.
In the second quarter 2014, the company broke even on earnings per share to surpass the expectations of a loss of 2 cents a share from analysts polled by Thomson Reuters. Revenue of $4.612 billion beat the consensus estimate of $4.373 billion.
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In the third quarter 2014, JD.com reported earnings of 4 cents a share, which beat the consensus estimate of a loss of a penny a share. Revenue totaled $4.727 billion, which surpassed analysts' expectations of $4.661 billion.
JD.com debuted on the Nasdaq on Thursday, May 22, 2014.
JD.com and Tencent Holdings (TCEHY) earlier this year announced a joint deal to invest in BitAuto (BITA) - Get Report, China's leading online auto information site. JD.com and Tencent hold 25% and 3.3% of BitAuto shares, respectively. The deal closed on February 18.
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