Vipshop Holdings Q2 Adj EPADS $0.54, Inline, Sales $3.70B Beat $3.66B Estimate
Portfolio Pulse from Benzinga Newsdesk
Vipshop Holdings reported Q2 adjusted earnings per ADS of $0.54, which met expectations. The company's sales for the quarter were $3.70 billion, surpassing the estimated $3.66 billion.
August 20, 2024 | 9:02 am
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Vipshop Holdings reported Q2 adjusted earnings per ADS of $0.54, meeting expectations, and sales of $3.70 billion, beating the $3.66 billion estimate.
The company's sales exceeded expectations, which is a positive indicator for the stock. Meeting earnings expectations also supports a stable outlook. The combination of these factors suggests a likely positive short-term impact on the stock price.
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