Vipshop Holdings (VIPS) PT, Estimates Lifted at Piper Jaffray on Strong Q1, Q2 Guidance

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Vipshop Holdings (VIPS) Tops Q1 EPS by 15c; Guides Above the Street

May 14, 2014 4:05 PM EDT

Vipshop Holdings (NYSE: VIPS) reported Q1 EPS of $0.63, $0.15 better than the analyst estimate of $0.48. Revenue for the quarter came in at $701.9 million versus the consensus estimate of $650.5 million.

Vipshop Holdings sees Q2 2014 revenue of $780-790 million, versus the consensus of $685.6 million.

Mr. Eric Shen, Chairman and CEO of Vipshop, stated, "We are very excited to report robust first quarter 2014 financial results, which... More