The Vipshop Holdings Ltd – (VIPS) Posts Earnings Results, Misses Expectations By $0.01 EPS

The Vipshop Holdings Ltd – (VIPS) Posts  Earnings Results, Misses Expectations By $0.01 EPS

Vipshop Holdings Ltd – (NYSE VIPS) opened at 13.43 on Monday. The company has a 50 day moving average price of $13.66 and a 200 day moving average price of $12.63. The stock has a market cap of $7.86 billion, a price-to-earnings ratio of 26.49 and a beta of 1.64. Vipshop Holdings Ltd – has a 52 week low of $10.30 and a 52 week high of $17.41.

Vipshop Holdings Ltd – (NYSE:VIPS) released its quarterly earnings data on Monday. The technology company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.01, Morningstar.com reports. The company had revenue of $15.95 billion for the quarter, compared to analysts’ expectations of $15.62 billion. Vipshop Holdings Ltd – had a net margin of 3.45% and a return on equity of 50.65%. The business’s quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.16 EPS.

Hedge funds have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Vipshop Holdings Ltd – by 16.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 215,263 shares of the technology company’s stock worth $3,158,000 after buying an additional 30,900 shares during the last quarter. AMP Capital Investors Ltd increased its stake in Vipshop Holdings Ltd – by 1.1% in the third quarter. AMP Capital Investors Ltd now owns 89,000 shares of the technology company’s stock worth $1,322,000 after buying an additional 1,000 shares during the last quarter. Profund Advisors LLC increased its stake in Vipshop Holdings Ltd – by 25.6% in the third quarter. Profund Advisors LLC now owns 70,347 shares of the technology company’s stock worth $1,032,000 after buying an additional 14,345 shares during the last quarter. Skandinaviska Enskilda Banken AB publ increased its stake in Vipshop Holdings Ltd – by 119.7% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 61,300 shares of the technology company’s stock worth $899,000 after buying an additional 33,400 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp increased its stake in Vipshop Holdings Ltd – by 1.1% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 664,028 shares of the technology company’s stock worth $9,741,000 after buying an additional 7,344 shares during the last quarter. Institutional investors and hedge funds own 77.07% of the company’s stock.

Vipshop Holdings Ltd – Company Profile Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “VIPS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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