Vipshop Holdings (VIPS) Misses Q3 EPS Views; Issues Q4 Outlook
Vipshop Holdings (NYSE: VIPS) reported Q3 EPS of RMB0.76, RMB0.04 worse than the analyst estimate of RMB0.80. Revenue for the quarter came in at RMB8.67 billion versus the consensus estimate of RMB9.23 billion.
Business Outlook
For the fourth quarter of 2015, the Company expects its total net revenue to be between RMB12.0 billion and RMB12.5 billion, representing a year-over-year growth rate of approximately 43% to 49%. These forecasts reflect the Company's current and preliminary view on the market and operational conditions, which is subject to change.
*** The Street sees Q4 revenue of RMB 13.2 billion.
For earnings history and earnings-related data on Vipshop Holdings (VIPS) click here.
