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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