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JD.com, Inc (JD) PT Raised to $52 at Nomura/Instinet Following 3Q Report
November 14, 2017 7:52 AM ESTNomura/Instinet raised its price target on JD.com, Inc (NASDAQ: JD) to $52.00 (from $49.00) while maintaining a Buy rating following the company's 3Q earnings release. JDs gross margin came in at 15.5%, vs the consensus estimate of 14.8%. Online marketing service likely accounted for... More
CLSA Retierates Buy Rating & $56 PT on JD.com (JD) Following 3Q Beat; 'Big Margin Beat'
November 14, 2017 6:42 AM ESTCLSA reiterates Buy rating and $56 price target on JD.com, Inc (NASDAQ: JD), following the company's third quarter earnings report.
Analyst Elinor Leung notes a positive outlook on the shares, as the company reported third quarter earnings per share and revenue results above... More
JD.com (JD) Tops Q3 EPS by 13c on Revenues of $12.6B; Offers 4Q Revenue Guidance
November 13, 2017 5:38 AM ESTJD.com (NASDAQ: JD) reported Q3 EPS of $0.23, $0.13 better than the analyst estimate of $0.10. Revenue for the quarter came in at $12.6 billion.
Fourth Quarter 2017 Guidance
Net revenues for the fourth quarter of 2017 are expected to be between RMB107 billion and RMB110 billion, representing a growth rate between 35% and 39% compared with the fourth quarter of 2016, excluding the impact from JD Finance for both 2017 and 2016 periods. This forecast reflects JD.coms current and preliminary expectation, which is subject to change.
Third Quarter 2017 Highlights for Continuing Operations
Net revenues1 for the... More