Vipshop Holdings: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Vipshop Holdings (NYSE:VIPS) reported Q4 earnings with an EPS of $0.82, beating estimates by 15.0% against an expected $0.71. Revenue increased by $280 million from the same period last year. The company has a history of beating EPS estimates, leading to a share price increase the following day, as seen in the previous quarter with a 7% rise.
February 28, 2024 | 10:10 am
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Vipshop Holdings reported a strong Q4 earnings beat with an EPS of $0.82, exceeding estimates by 15%, and a significant year-over-year revenue increase.
Vipshop Holdings' consistent history of beating EPS estimates, including the recent Q4 results, typically leads to positive investor sentiment and could result in a short-term share price increase. The company's revenue growth further supports this outlook.
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