Vipshop Holdings Ltd expected to post earnings of CNY2.27 a share - Earnings Preview

Vipshop Holdings

15/11/2024 13:56

* Vipshop Holdings Ltd  VIPS.N   VIPS.K  is expected to show
a
fall in quarterly revenue when it reports  results on November
19 for the period ending September 30 2024
    * The Guangzhou Guangdong-based  company is expected to
report a
8.5% decrease in revenue to CNY20.832 billion from CNY22.77
billion a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on August 20
2024, for the period ended September 30, was for revenue between
CNY20.50 billion and CNY21.60 billion.
    * ​LSEG's mean analyst estimate for Vipshop Holdings Ltd is
for
earnings of CNY2.27 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 13
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Vipshop
Holdings
Ltd is $15.85​, above​ its last closing price of $13.96. ​​​

Previous quarterly performance (using preferred earnings measure
in Chinese yuan renminbi). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  3.89        3.92       3.91      Missed  -0.2
 Mar. 31 2024  2.64        2.80       4.66      Beat    66.7
 Dec. 31 2023  5.10        5.08       5.79      Beat    14​
 Jan. 1 0001   2.87        2.86       3.34      Beat    16.8
 ​​Jun.        3.23        3.20       4.30      Beat    34.2
 30 2023                                                
 Jan. 1 0001   2.61        2.61       3.52      Beat    34.9​
 Dec. 31 2022  3.26        3.25       3.65      Beat    12.3
 Jan. 1 0001   1.71        1.69       2.56      Beat    51.3
 This summary was machine generated November 15 at 13:56 GMT. 
All figures in Chinese yuan renminbi unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)