Vipshop earnings, Revenue miss in Q2

Vipshop earnings, Revenue miss in Q2 - Vipshop reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Vipshop announced earnings per share of 2.1 on revenue of 29.61B. Analysts polled by anticipated EPS of 2.32 on revenue of 29.68B.

Vipshop shares are down 47.85% from the beginning of the year and are trading at 14.66 , down-from-52-week-high.They are under-performing 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 on Thursday, July 29, 2021, who reported EPS of 15.12 on revenue of 113.08B, compared to forecasts EPS of 12.23 on revenue of 115.42B.

Visa A had beat expectations on Tuesday, July 27, 2021 with third quarter EPS of 1.49 on revenue of 6.13B, compared to forecast for EPS of 1.34 on revenue of 5.86B.

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