JD.com (JD, Financial) saw its shares increase by 2.6%, reaching $41.3 in pre-market trading. Anticipation builds as JD.com prepares to release its fourth-quarter earnings report for 2024. The earnings announcement is expected to reveal a promising outlook for the company.
Analysts predict that JD.com will report revenues of 332.7 billion yuan, which would mark an impressive year-on-year growth of 8.7%. Additionally, the company’s earnings per share are projected to surge by 130.5%, reaching 4.91 yuan. These figures highlight a significant improvement and demonstrate JD.com's strong market position.
The announcement reflects positive market sentiment and investor confidence in JD.com's growth trajectory. JD.com's performance is closely watched by investors as it continues to expand its influence in the e-commerce sector.