Vipshop Holdings Ltd reports results for the quarter ended in December - Earnings Summary

Vipshop Holdings

28/02/2024 16:38

* Vipshop Holdings Ltd  VIPS.N  reported quarterly adjusted
earnings of CNY5.79​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of CNY3.65.  The mean expectation of
nine analysts for the quarter was for earnings of CNY5.08 per
share. Wall Street expected results to range from CNY4.78 
to CNY5.49 per share.
    * Revenue rose 9.2% to CNY34.67 billion from a year ago;
analysts
expected CNY33.35 billion. 
    * Vipshop Holdings Ltd's reported EPS for the quarter was
CNY5.35​.
    * The company reported quarterly net income of CNY2.95
billion.
    * Vipshop Holdings Ltd shares had fallen by 2.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for Vipshop Holdings
Ltd is $19.47 
This summary was machine generated from LSEG data February 28 at
04:38 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      5.08           5.79           Beat
 Sep. 30 2023      2.86           3.34           Beat
 Jun. 30 2023      3.20           4.30           Beat
 Mar. 31 2023      2.61           3.52           Beat