Vipshop Holdings Limited (NYSE:VIPS) is reporting second quarter financial results on Wednesday 19th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, VIPS is expected to report 2Q20 income of $ 0.28 per share from revenue of $ 3424.06 million.
For the full year, analysts anticipate top line of $ 14009.30 million, while looking forward to income of $ 1.32 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 3,206.00 million ~ $ 3,361.00 million
Click Here For More Historical Outlooks Of Vipshop Holdings Limited
Previous Quarter Performance
Vipshop Holdings Limited outlined income for the first quarter of $ 0.20 per share, from the revenue of $ 2,654.00 million. The consensus estimates are income of $ 0.11 per share from $ 2,540.00 million in revenue. The bottom line results beat street analysts by $ 0.09 or 81.82 percent, at the same time, top line results outshined analysts by $ 114.00 million or 4.49 percent.
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Stock Performance
According to the previous trading day, closing price of VIPS was $ 23.91, representing a 210.92 % increase from the 52 week low of $ 7.69 and a 2.25 % decrease over the 52 week high of $ 24.46.
The company has a market capital of $ 16.08 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”VIPS” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 15th July 2020, upgraded by UBS Group to Buy from Neutral rating.
Conference Call
Vipshop Holdings Limited will be hosting a conference call at 7:30 AM eastern time on 19th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.vip.com
Vipshop Holdings Limited operates as an online discount retailer for various brands in the Peoples Republic of China. It operates in two segments, Vip.com and Internet Finance Business. The company offers womens apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; mens 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.
