Vipshop Holdings Q1 Adj EPADS $0.65 Beats $0.39 Estimate, Sales $3.83B Miss $3.93B Estimate
Portfolio Pulse from Benzinga Newsdesk
Vipshop Holdings reported Q1 adjusted EPADS of $0.65, beating the estimate of $0.39. However, sales were $3.83 billion, missing the estimate of $3.93 billion.
May 22, 2024 | 9:03 am
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Vipshop Holdings reported mixed Q1 results with adjusted EPADS of $0.65 beating estimates but sales of $3.83 billion missing expectations.
The positive earnings surprise with adjusted EPADS beating estimates is a good sign, but the sales miss could offset this positive impact. Investors may have mixed reactions, leading to a neutral short-term price direction.
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