Vipshop Holdings Ltd expected to post earnings of CNY2.80 a share - Earnings Preview

Vipshop Holdings

20/05/2024 13:45

* Vipshop Holdings Ltd  VIPS.N   VIPS.K  is expected to show
a
rise in quarterly revenue when it reports  results on May 22 for
the period ending March 31 2024
    * The Guangzhou Guangdong-based  company is expected to
report a
1.4% increase in revenue to CNY27.92 billion from CNY27.54
billion a year ago, according to the mean estimate from 11
analysts, based on LSEG data.The company's guidance on February
28 2024, for the period ended March 31, was for revenue between
CNY27.50 billion and CNY28.90 billion.
    * ​LSEG's mean analyst estimate for Vipshop Holdings Ltd is
for
earnings of CNY2.80 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 20 "strong buy" or "buy," 5
"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 $22.99​, above​ its last closing price of $17.32. ​​​

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  
 Dec. 31 2023  5.10        5.08       5.79      Beat    14
 Sep. 30 2023  2.87        2.86       3.34      Beat    16.8
 Jun. 30 2023  3.23        3.20       4.30      Beat    34.2​
 Mar. 31 2023  2.61        2.61       3.52      Beat    34.9
 ​​Dec.        3.26        3.25       3.65      Beat    12.3
 31 2022                                                
 Sep. 30 2022  1.71        1.69       2.56      Beat    51.3​
 Jun. 30 2022  1.52        1.43       2.45      Beat    70.9
 Mar. 31 2022  1.91        1.93       2.09      Beat    8.6
 This summary was machine generated May 20 at 12:45 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)