JD.com Q3 Tops Estimates But Outlook Fails To Excite

By | November 17, 2014

Scalper1 News

China e-tailer JD.com early Monday reported better-than-expected third quarter earnings, as its active user base more than doubled from the year-earlier period. JD.com (JD) reported revenue of $4.71 billion, up 61% in local currency. That was above analyst estimates of $4.67 billion but marked the fifth straight quarter of decelerating growth. Earnings per share minus items came in at 4 cents, up from a penny in the year-earlier quarter. Analysts Scalper1 News

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