Jumei Int'l (JMEI) Misses Q3 EPS by 18c
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Jumei Int'l (NYSE: JMEI) reported Q3 EPS of ($0.08), $0.18 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $305.5 million versus the consensus estimate of $298.74 million.
Total net GMV increased by 35.6% year-over-year to RMB2.3 billion (US$358.7 million), driven primarily by a 30.8% year-over-year increase in the number of active customers [3] and a significant 89.5% year-over-year increase in total orders.
For the fourth quarter of 2015, the Company expects total net revenues to be between RMB1.83 billion and RMB1.93 billion, representing a year-over-year growth rate of approximately 80% to 90%.
For earnings history and earnings-related data on Jumei Int'l (JMEI) click here.
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