Vipshop reports $0.32 earnings per share (non-GAAP), analysts' consensus estimate was $2.37

Tiger Newspress2021-08-18

(Aug 18) Vipshop reports $0.32 earnings per share (non-GAAP), analysts' consensus estimate was $2.37.

Vipshop gained nearly 6% in premarket trading.

Vipshop Q2 Non-GAAP EPS of $0.32misses by $0.04; GAAP EPS of $0.24misses by $0.07.

Revenue of $4.6B (+22.8% Y/Y) beats by $30M.

GMV for the second quarter of 2021 increased by 25% year over year to RMB48.1 billion from RMB38.4 billion in the prior year period.

The number of active customers for the second quarter of 2021 increased by 32% year over year to 51.1 million from 38.8 million in the prior year period.

Total orders for the second quarter of 2021 increased by 30% year over year to 221.5 million from 170.5 million in the prior year period.

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