Vipshop earnings miss, Revenue beats in Q3

Vipshop earnings miss, Revenue beats in Q3
Credit: © Reuters. - Vipshop reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Vipshop announced earnings per share of 1.52 on revenue of 24.92B. Analysts polled by anticipated EPS of 1.54 on revenue of 24.67B.

Vipshop shares are down 56.49% from the beginning of the year and are trading at 12.23 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.

Vipshop follows other major Consumer Discretionary sector earnings this month

Vipshop's report follows an earnings beat by Toyota Motor ADR on Thursday, November 4, 2021, who reported EPS of 3.96 on revenue of 66.4B, compared to forecasts EPS of 2.81 on revenue of 63.44B. had missed expectations on Thursday, October 28, 2021 with third quarter EPS of 6.12 on revenue of 110.81B, compared to forecast for EPS of 8.9 on revenue of 111.55B.

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