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JD.com reports Q4 EPS 70c, consensus 50c

Reports Q4 revenue $42.84B, consensus $42.73B. "While 2022 posed many challenges for JD.com and China as a whole, we delivered solid operational results and surpassed 1 trillion RMB in annual revenue for the first time," said Lei Xu, CEO of JD.com. "During the pandemic, our steadfast commitment to helping society further established JD.com as a highly trusted brand. Looking ahead, amidst ever-evolving opportunities and challenges we will stay focused on lowering costs, increasing efficiency and constantly improving user experience. I am confident that JD.com will play an even larger role in China’s economic development while delivering strong returns for our shareholders in the years ahead."

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