Vipshop (NYSE:VIPS) is set to announce its earnings results after the market closes on Wednesday, May 22nd. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Vipshop has set its Q1 2019 guidance at EPS.
Vipshop (NYSE:VIPS) last released its quarterly earnings data on Wednesday, February 20th. The technology company reported $0.17 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.01. The firm had revenue of $26.08 billion during the quarter, compared to the consensus estimate of $26.78 billion. Vipshop had a return on equity of 12.71% and a net margin of 2.53%. The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.41 earnings per share. On average, analysts expect Vipshop to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NYSE VIPS opened at $8.17 on Wednesday. The company has a market cap of $5.07 billion, a PE ratio of 19.00 and a beta of 1.94. Vipshop has a 52 week low of $4.30 and a 52 week high of $12.82.
Several equities research analysts have recently commented on VIPS shares. Zacks Investment Research downgraded Vipshop from a “strong-buy” rating to a “hold” rating in a report on Saturday, January 19th. ValuEngine upgraded Vipshop from a “strong sell” rating to a “sell” rating in a report on Monday, February 4th. Bank of America downgraded Vipshop from a “buy” rating to a “neutral” rating and set a $6.92 price objective for the company. in a report on Tuesday, February 19th. Credit Suisse Group downgraded Vipshop from a “neutral” rating to an “underperform” rating in a report on Thursday, February 21st. Finally, Macquarie downgraded Vipshop from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $7.00 to $5.90 in a report on Friday, February 22nd. Six analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. Vipshop currently has a consensus rating of “Hold” and an average target price of $8.71.
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Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China. It operates in two segments, Vip.com and Internet Finance Business. The company offers women's apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men casual and formal shoes; and accessories that include belts, jewelry, watches, and glasses for women and men.
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