From Nasdaq: 2024-05-15 12:27:00

JD.com, Inc. is set to report its first-quarter 2024 results on May 16. Analysts estimate revenues to be $35.75 billion, up 1.05% from the previous year. Earnings are expected to be 63 cents per share, an 8.7% decline. Retail segment performance and logistics network expansion will be key focus areas for the report.

JD.com’s first-quarter performance is expected to be driven by its e-commerce segment and successful Livestreaming initiative. The company’s strategy of expanding flagship stores and partnerships with high-end brands is likely to boost revenue. JD Health’s growth and logistics network expansion will also play a significant role in the report.

Despite positive factors, JD.com may face challenges from rising fulfillment expenses and macroeconomic conditions in China. The company aims to balance these hurdles through its omnichannel offerings and online medical services. Analysts remain cautious about JD.com’s potential for an earnings beat this quarter but recommend investing in stocks like NVIDIA and Agilent Technologies for earnings growth opportunities.

NVIDIA is scheduled to release first-quarter fiscal 2025 results on May 22 with estimated earnings at $5.49 per share. Abercrombie & Fitch and Agilent Technologies are also set to report earnings soon with positive forecasts. Investors are advised to stay informed about upcoming earnings announcements with the Zacks Earnings Calendar for better investment decisions.



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