Vipshop Holdings Ltd reports results for the quarter ended September 30 - Earnings Summary

• Vipshop Holdings Ltd VIPS.N reported quarterly adjusted earnings of CNY2.47​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of CNY3.34. The mean expectation of ten analysts for the quarter was for earnings of CNY2.27 per share. Wall Street expected results to range from 65 fen to CNY2.71 per share.

• Revenue fell 9.2% to CNY20.68 billion from a year ago; analysts expected CNY20.83 billion.

• Vipshop Holdings Ltd's reported EPS for the quarter was CNY1.97​.

• The company reported quarterly net income of CNY1.05 billion.

• Vipshop Holdings Ltd shares had fallen by 11.8% this quarter and lost 21.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 27.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the online services peer group is also "buy"

Wall Street's median 12-month price target for Vipshop Holdings Ltd is $15.85

This summary was machine generated from LSEG data November 19 at 02:31 p.m. UTC. ​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)