Vipshop Reports Unaudited Third Quarter 2016 Financial Results

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Vipshop Holdings (VIPS) Tops Q3 EPS by 1c

November 21, 2016 4:06 PM EST

Vipshop Holdings (NYSE: VIPS) reported Q3 EPS of $0.15, $0.01 better than the analyst estimate of $0.14. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.8 billion.

For the fourth quarter of 2016, the Company expects its total net revenue to be between RMB18.0 billion and RMB18.5 billion, representing a year-over-year growth rate of approximately 30% to 33%. These forecasts reflect the Company's current and preliminary view on the market and operational... More