Looking Forward to JD.com Q3 Earnings Results
<p>Analysts at Nomura increased their price target on <a href='https://financialmodelingprep.com/financial-summary/JD'>JD.com, Inc. (NASDAQ:JD) </a>to $95 from $88, while maintaining their buy rating. The brokerage believes the company may manage to deliver better-than-expected earnings and net margin in Q3 on smaller losses from its investments in new businesses, despite slower than expected ecommerce growth on macro headwinds. </p>
<p>The analysts expect the company’s quarterly revenue to increase 22% year-over-year to CNY213 billion, which is slightly below the Street estimate of CNY220 billion. </p>

NASDAQ:JD