Will pent-up demand help JD.com report another earnings beat in Q2?
FangXiaNuo

JD.com (NASDAQ:JD) is scheduled to announce Q2 earnings results on Tuesday, Aug. 23, before market open.
Consensus EPS estimate is $0.41 (-8.9% Y/Y) and consensus revenue estimate is $38.58B (-1.8% Y/Y).
Over the last 2 years, JD has beaten EPS estimates 100% of the time and revenue estimates 88% of the time.
Over the last 3 months, EPS estimates have seen 11 upward revisions and 2 downward. Revenue estimates have seen 5 upward revisions and 7 downward.
Mizuho Securities said the Chinese e-commerce giant's business appeared to be improving in Jun. But overall Q2 is "tracking modestly below expectations" due to COVID-19 lockdowns in China.
China's 618 shopping season, which covers the first 18 days of Jun., this year was the country's first major shopping event since COVID lockdowns. JD sold $56.5B in goods during 618, up 10.3% Y/Y. But during the 618 event in 2021, JD saw sales rise ~28%.
Bank of America remains cautiously optimistic on JD, saying its logistics and supply chain capacity saw positive developments recently, and likely benefited from pent-up demand. 
Q1 recap:

JD shares rose after the firm's Q1 results topped estimates.
Mizuho said the underlying trend of JD gaining market share is still at play due to its "competitive advantage" in supply chain and logistics. JD's June sales event usually accounts for 50% of revenue in Q2 and pent-up demand may've boosted sales.

Recent news:

Bridgewater Associates, an investment management firm founded by Ray Dalio, sold its stake in JD.
JD renewed its partnership with Tencent (OTCPK:TCEHY) for three years, in which TCEHY will continue to provide traffic support on its Weixin platform, while JD agreed to issue class A ordinary shares for up to $220M.

SA contributor The Value Pendulum in a recent bullish analysis said EPS beat is expected and JD improved its shareholder capital return.
Shares of JD have fallen 16.7% YTD.