Vipshop Holdings Ltd expected to post earnings of CNY2.27 a share - Earnings Preview

Reuters11-15 21:56

* Vipshop Holdings Ltd is expected to show a fall in quarterly revenue when it reports results on November 19 for the period ending September 30 2024

* The Guangzhou Guangdong-based company is expected to report a 8.5% decrease in revenue to CNY20.832 billion from CNY22.77 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.The company's guidance on August 20 2024, for the period ended September 30, was for revenue between CNY20.50 billion and CNY21.60 billion.

* ​LSEG's mean analyst estimate for Vipshop Holdings Ltd is for earnings of CNY2.27 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 13 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Vipshop Holdings Ltd is $15.85​, above​ its last closing price of $13.96. ​​​

Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 3.89 3.92 3.91 Missed -0.2

Mar. 31 2024 2.64 2.80 4.66 Beat 66.7

Dec. 31 2023 5.10 5.08 5.79 Beat 14​

Jan. 1 0001 2.87 2.86 3.34 Beat 16.8

​​Jun. 3.23 3.20 4.30 Beat 34.2

30 2023

Jan. 1 0001 2.61 2.61 3.52 Beat 34.9​

Dec. 31 2022 3.26 3.25 3.65 Beat 12.3

Jan. 1 0001 1.71 1.69 2.56 Beat 51.3

This summary was machine generated November 15 at 13:56 GMT. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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