Vipshop earnings miss, Revenue beats in Q2

  • Investing.com
Vipshop earnings miss, Revenue beats in Q2

Investing.com - Vipshop reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Vipshop announced earnings per share of 1.92 on revenue of 24.11B. Analysts polled by Investing.com anticipated EPS of 1.98 on revenue of 23.85B.

Vipshop shares are up 35.92% from the beginning of the year and are trading at 19.26 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

Vipshop follows other major Services sector earnings this month

Vipshop's report follows an earnings beat by Amazon.com on Thursday, July 30, 2020, who reported EPS of 10.3 on revenue of 88.91B, compared to forecasts EPS of 1.48 on revenue of 81.45B.

Visa A had beat expectations on Tuesday, July 28, 2020 with third quarter EPS of 1.06 on revenue of 4.84B, compared to forecast for EPS of 1.03 on revenue of 4.82B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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