Vipshop Earnings miss, Revenue beats In Q2

Vipshop Earnings miss, Revenue beats In Q2
Credit: © Reuters. - Vipshop reported second quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of 1.92 on revenue of 24.11B. Analysts polled by forecast EPS of 1.98 on revenue of 23.85B. .

Vipshop follows other major Services sector earnings this month

On Thursday, July 30, 2020, reported second quarter EPS of 10.3 on revenue of 88.91B, compared to forecasts of EPS of 1.48 on revenue of 81.45B.

Visa A earnings beat analyst's expectations on Tuesday, July 28, 2020, with third quarter EPS of 1.06 on revenue of 4.84B. analysts expected EPS of 1.03 on revenue of 4.82B

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