JD.com beats estimates as earnings surge 41%; shares up in pre-market trade

Investing.com -- JD.com Inc (NASDAQ: JD) reported first-quarter earnings that exceeded analyst expectations, driving shares up 2.2% in pre-market trade Thursday.

The Chinese e-commerce company posted adjusted earnings per share of RMB5.12, beating the analyst consensus of RMB3.64 by RMB1.48. Revenue reached RMB315.7 billion, surpassing the estimate of RMB311 billion.

The positive market response reflected investor enthusiasm for the company’s stronger-than-expected profitability in the quarter. The earnings beat of approximately 41% above consensus marked a significant outperformance relative to Wall Street expectations.

JD.com’s revenue performance also topped analyst projections, coming in RMB4.7 billion above the consensus estimate. The results demonstrated the company’s ability to generate both top-line growth and improved profitability during the quarter.

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