Vipshop Holdings (VIPS) Tops Q2 EPS by 2c

Vipshop Holdings (NYSE: VIPS) reported Q2 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $2.02 billion versus the consensus estimate of $1.9 billion.

Business Outlook

For the third quarter of 2016, the Company expects its total net revenue to be between RMB11.9 billion and RMB12.4 billion, representing a year-over-year growth rate of approximately 37% to 43%. These forecasts reflect the Company's current and preliminary view on the market and operational conditions, which is subject to change.

For earnings history and earnings-related data on Vipshop Holdings (VIPS) click here.

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