Vipshop Earnings, Revenue beat In Q1

Vipshop Earnings, Revenue beat In Q1 - Vipshop reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of 2.41 on revenue of 28.40B. Analysts polled by anticipated EPS of 2.19 on revenue of 27.75B. .

Vipshop shares lost 5.02% to trade at 23.45 in pre-market trade following the report.

Vipshop follows other major Services sector earnings this month

On Thursday, April 29, 2021, reported first quarter EPS of 15.79 on revenue of 108.52B, compared to forecasts of EPS of 9.54 on revenue of 104.51B.

Alibaba ADR earnings missed analyst's expectations on Thursday, May 13, 2021, with fourth quarter EPS of 10.32 on revenue of 187.4B. analysts expected EPS of 11.16 on revenue of 187.37B

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