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Vipshop’s (VIPS) to-be-announced Q1 earnings – what to expect

  • Vipshop Holdings Limited (VIPS) will report its Q1 2019 results on May 22nd;
  • Zacks forecasts an EPS of $0.17 and revenues of $3,032 million;
  • Vipshop carries a Zacks Rank #2 (Buy), but its negative ESP make a positive surprise report quite a long shot.

Vipshop Holdings Limited (VIPS) will report its Q1 2019 results on May 22nd, after the closing bell. When taking a look at the history, Vipshop’s earnings failed to beat the Zacks Consensus Estimate in two of the trailing four quarters.

The Zacks Consensus Estimate for earnings forecasts $0.17 per share, and has not changed in the past 7 days. The consensus mark for Q1 revenues is currently at $3,032 million. This represents a decline of 4.3% from the previous year’s figure.

Vipshop carries a Zacks Rank #2 (Buy), but its negative ESP make a positive surprise report quite a long shot.