Vipshop earnings, Revenue miss in Q1

Vipshop earnings, Revenue miss in Q1 - Vipshop reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Vipshop announced earnings per share of 0.33 on revenue of 25.2B. Analysts polled by anticipated EPS of 1.91 on revenue of 25.81B.

Vipshop shares are down 0.12% from the beginning of the year and are trading at 8.39 , down-from-52-week-high.They are broadly in line with 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 missed by on Thursday, April 28, 2022, who reported EPS of -7.56 on revenue of 116.44B, compared to forecasts EPS of 8.35 on revenue of 116.45B.

Tesla had beat expectations on Wednesday, April 20, 2022 with first quarter EPS of 3.22 on revenue of 18.76B, compared to forecast for EPS of 2.26 on revenue of 17.87B.

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