bearish
[JD.com (JD US, SELL, TP US$27) Earnings Preview]: Slow-Growth and Competitive Pressure Remain
444 Views14 Apr 2023 08:26
We expect JD to report C1Q23 top-line and non-IFRS net income (1.7%) and (12%) vs. consensus, due to (1) slow recovery; (2) team restructuring; and (3) competitive landscape.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 11-minute read)
Discussions
(Paid Plans Only)
Rising
Blue Lotus Research Institute
China growth and global non-US Internet equities
Price Chart(Sign Up to Access)
- Baba/JD/PDD/VIPS/Kuaishou: 618 Not as Bad as Investors Depicted, and Our Estimations of GMV Growth21 Jun 2023
- JD/PDD/E-Commerce Sector Report: JD May Have Better-Than-Expected Performance in 61813 Jun 2023
- [JD.com (JD US, SELL, TP US$30) Target Price Change]: Painful Transition Continues Amid Margin Beat12 May 2023
- [JD.com (JD US) Target Price Change]: Painful Transition Weighs on Both Topline and Margin10 Mar 2023
- [JD.com (JD US) Target Price Change]: JD May Face 5bn Profit Reduction for Subsidy Campaign07 Mar 2023
- [JD.com (JD US, SELL, TP US$48) Rating Change]: Rough Roads Ahead, DG to SELL16 Feb 2023
x