Company Earnings Update 4 minutesRegister for Free AccessJD.com (NASDAQ: JD) 1Q19 Results: Revenue Beats Estimates, Strong 2Q19 Guidance Coresight Research May 14, 2019 Executive Summary JD.com reported 1Q19 revenue of ¥121.1 billion ($18.0 billion), up 21% year over year and beating the StreetAccount estimate of ¥120.2 billion. Operating income in 1Q19 increased to ¥1.2 billion ($200 million) from ¥4.4 million in 1Q18. The company’s revenue guidance for 2Q19 was ¥145–150 billion, equivalent to 19-23% year-over-year growth, ahead of the consensus estimate. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Chinese New Year 2024 Preview: Good Fortune for Retail as the Year of the Dragon Takes Off—China Retail InsightsWeinswig’s Weekly: Health Is WealthAI Integration, Practical and Research Uses, and Challenges Within Real Estate: Insights Presented at the NARG 2024 Spring MeetingUS, UK, EU & China Quarterly Economic Update, 3Q23: Growth in the US, France and China as Possibility of German Recession Looms
