Vipshop Holdings Ltd expected to post earnings of CNY4.22 a share - Earnings Preview

Vipshop Holdings

08/11/2024 17:21

* Vipshop Holdings Ltd  VIPS.N   VIPS.K  is expected to show
a
fall in quarterly revenue when it reports  results on November
12 (estimated) for the period ending September 30 2024
    * The Guangzhou Guangdong-based  company is expected to
report a
8.5% decrease in revenue to $20.832 billion from $22.77 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 CNY4.22 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 12
"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 $14.78. ​​​

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​
 Sep. 30 2023  2.87        2.86       3.34      Beat    16.8
 ​​Jan.        3.23        2.61       4.30      Beat    34.2
 1 0001                                                 
 Mar. 31 2023  2.61        2.61       3.52      Beat    34.9​
 Dec. 31 2022  3.26        3.25       3.65      Beat    12.3
 Sep. 30 2022  1.71        1.69       2.56      Beat    51.3
 This summary was machine generated November 8 at 17:21 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)