3 Highlights From JD.Com's Earnings Report
JD.com (NASDAQ: JD), China's biggest direct online retailer, has been one of many e-commerce winners in the market over the last year.
Its stock price has more than doubled during that time as its leadership in online categories like grocery and pharmacy has strengthened, and it's staking out ground in new businesses like logistics and telehealth.
On Thursday, JD.com's fourth-quarter report showed the company continued to execute across the business. Revenue rose 31.4% to $34.4 billion, topping analysts' estimate of $33.8 billion, and the company continued to gain leverage as adjusted operating income rose 72% to $186 million. On the bottom line, adjusted earnings per share nearly tripled to $0.23, beating expectations of $0.19.
Source Fool.com
