JD.com Stock Rises on Better-Than-Expected Q4 Results Forecast
• JD.com (JD) stock rose 1.82% and outperformed the broader market • JD is expected to report Q4 EPS of $0.65, down 7.14% year-over-year • JD's Q4 revenue is forecasted to be $42.56 billion, down 0.65% • Analyst estimate revisions for JD have shifted 3.65% upward over the past month • JD stock currently has a Forward P/E of 7.59, lower than the industry average of 18.41