New Street Research - JD.com Inc. Sponsored ADR Class A (JD) JD 4Q23 Preview: Estimates Remain Intact

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New Street Research

Jin Yoon

JD 4Q23 Preview: Estimates Remain Intact

What’s New: We maintain our 4Q23 estimates as overall business could trend in-line with our expectations. Group-level margins could improve YoY on a FY basis despite the competition. In this note, we highlight the latest updates on the business.

Analysts:
Jin Yoon

25/01/2024 1 EN

Underlying

JD.com Inc. Sponsored ADR Class A

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US47215P1066 NASDAQ Stock Market United States

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Analysts

Jin Yoon

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JD 4Q23 Preview: Estimates Remain Intact

China Internet: 2Q24 results wrap-up: Overall earnings beat; 2H24 outlook remains promising.

JD.com Announces US$5.0 Billion New Share Repurchase Program

JD 2Q24 Results: 3Q Rev Growth to be Better than 2Q

Dish seeks build extension (that we think they'll get)

Meta Platforms (META, Buy, $595 target) Next week’s Connect event should offer some ROI on Gen AI clues

Altice France (Most Preferred) Our take on the latest reported offers

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