Company Earnings Update 3 minutesRegister for Free AccessJD.com (JD) 3Q17 Results: Earnings Beat; Maintains Solid Growth Momentum Coresight Research November 14, 2017 Executive Summary JD.com reported 3Q17 revenues of ¥83.7 billion, up 39.2% year over year and in line with the consensus. Non-GAAP diluted earnings per ADS was ¥1.52, growing by 361% year over year, beating the consensus of ¥0.59. Direct sales revenues reached ¥76.5 billion, up 38% year over year, driven by home appliances and FMCG. Services and others revenues reached ¥7.3 billion, up 46% year over year, thanks to improved brand engagement and better monetization of the platform. Guidance for 4Q17 calls for revenues of ¥107.0–¥110.0 billion, up 35%–39% year over year, roughly in line with the consensus of ¥108.1 billion. Full-year 2017 net margin guidance was maintained at 0.5%–1.5%. Management was pleased by the success of the November 11 shopping promotions and remained confident that net margins will continue to expand in the coming years. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Think Tank: Generative AI Explained—Understanding Its Power and Fundamental TechnologiesCertain Categories See E-Commerce Boost: China Consumer Survey InsightsAnalyst Corner—Affiliate Advertising, with John Harmon: Another Channel for Brands and Retailers To Reach Consumers4Q22 US Earnings Season Wrap-Up: Retailers See Mixed Results as Discretionary Demand Remains Weak
