Vipshop Holdings (VIPS) Tops Q1 EPS by 3c, Provides Outlook
Vipshop Holdings (NYSE: VIPS) reported Q1 EPS of $0.13, $0.03 better than the analyst estimate of $0.10. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.29 billion.
Business Outlook
For the second quarter of 2015, the Company expects its total net revenue to be between RMB8.7 billion and RMB8.9 billion, representing a year-over-year growth rate of approximately 71% to 75%. 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.
