Vipshop Reports Unaudited Third Quarter 2018 Financial Results
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Vipshop Holdings (VIPS) PT Lowered to $6.20 at CLSA
November 16, 2018 7:27 AM ESTCLSA analyst Sally Chan lowered the price target on Vipshop Holdings (NYSE: VIPS) to $6.20 (from $6.60) while maintaining a Underperform rating. Vipshops 3Q results were weak but better than lowered expectation. Its 3Q revenue decelerated to +16% YoY (2% above consensus) driven by customer... More
Vipshop Holdings (VIPS) Misses Q3 EPS by 4c, Revenues Beat
November 14, 2018 4:06 PM ESTVipshop Holdings (NYSE: VIPS) reported Q3 EPS of $0.05, $0.04 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.53 billion.
Total net revenue for the third quarter of 2018 increased by 16.4% year over year to RMB17.8 billion (US$2.6 billion) from RMB15.3 billion in the prior year period.The number of active customers[1] for the third quarter of 2018 increased by 11% year over year to 26.5... More