JD.com Announces 2020 Third Quarter Results
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JD.com, Inc (JD) PT Raised to $100 at Benchmark
November 17, 2020 7:26 AM ESTBenchmark analyst Fawn Jiang raised the price target on JD.com, Inc (NASDAQ: JD) to $100.00 (from $76.00) while maintaining a Buy rating following the company's 3Q earnings report. JD reported solid 3Q20 results, exceeding the consensus on both revenue and Adj. EPADS.
Management... More
JD.com (JD) Tops Q3 EPS by 10c
November 16, 2020 5:59 AM ESTJD.com (NASDAQ: JD) reported Q3 EPS of $0.50, $0.10 better than the analyst estimate of $0.40. Revenue for the quarter came in at $25.7 million versus the consensus estimate of $25.7 million.
Third Quarter 2020 Financial Results
Net Revenues. For the third quarter of 2020, JD.com reported net revenues of RMB174.2 billion (US$25.7 billion), representing a 29.2% increase from the same period in 2019. Net product revenues increased by 27.4%, while net service revenues increased by 42.7% for the third quarter of 2020, as compared to the same period of 2019.Cost of Revenues. Cost of revenues increased by 28.5% to RMB147.4 billion... More