JD.com Earnings Will Gauge Internet Strength In China

By | August 6, 2015

Scalper1 News

China’s largest online direct sales company, JD.com (JD), is scheduled to report second-quarter earnings before the market open Friday. JD is expected to report revenue of $7.15 billion, or 44.4 billion Chinese yuan, up 55% in local currency from 28.6 billion yuan in the year-earlier quarter. The consensus among analysts polled by Thomson Reuters is that the company will lose 2 cents per share, minus items, vs. a break-even quarter in Q2 2014. JD Scalper1 News

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