JD.com Announces Third Quarter 2019 Results
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JD.com, Inc (JD) PT Raised to $33 at Mizuho Securities
November 18, 2019 6:54 AM ESTMizuho Securities analyst James Lee raised the price target on JD.com, Inc (NASDAQ: JD) to $33.00 (from $31.00) while maintaining a Neutral rating. Lee believes that comps for revenue growth and margins will likely be tough in 2020. Management plans to step up investments in... More
JD.com (JD) Tops Q3 EPS by 12c, Revenues Beat
November 15, 2019 5:49 AM ESTJD.com (NASDAQ: JD) reported Q3 EPS of $0.29, $0.12 better than the analyst estimate of $0.17. Revenue for the quarter came in at $18.9 billion versus the consensus estimate of $18.13 billion.
Third Quarter 2019 Highlights
Net revenues for the third quarter of 2019 were RMB134.8 billion (US$18.9 billion), an increase of 28.7% from the third quarter of 2018. Net service revenues for the third quarter of 2019 were RMB16.0 billion (US$2.2 billion), an increase of 47.0% from the third quarter of 2018.Income from operations for the third quarter of 2019 was RMB4,973.2 million (US$695.8 million), compared to loss from operations... More