VIPS - Vipshop Q3 2021 Earnings Preview: What to Expect
Vipshop (NYSE:VIPS) is scheduled to announce Q3 earnings results on Thursday, November 18th, before market open. The consensus EPS Estimate is $0.24 (-20.0% Y/Y) and the consensus Revenue Estimate is $3.83B (+12.6% Y/Y). Over the last 2 years, VIPS has beaten EPS estimates 75% of the time and has beaten revenue estimates 75% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 5 downward. Revenue estimates have seen 0 upward revisions and 6 downward. The stock has dropped 2.7% following Q2 earnings release on Aug.18. The company reported Q2 revenue of $4.6B (+22.8% Y/Y) beats by $30M; GMV up 25% Y/Y to RMB 48.1B and number of active customers increased by 32% Y/Y to 51.1M. In early September, UBS had downgrad Vipshop from Buy to Neutral with a $17 price target. YTD the company's shares have dropped more than 55% in value. Bullish rating on the stock by contributor: Forget About Alibaba, Buy Vipshop Instead.
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Vipshop Q3 2021 Earnings Preview: What to Expect