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Third quarter profit of $0.67 per share estimated for Vipshop Holdings Ltd - ADR (NYSE:VIPS)

Third quarter profit of $0.67 per share estimated for Vipshop Holdings Ltd - ADR (NYSE:VIPS)
Written by
Joel Najarian
Published on
October 29, 2014
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InsidrFinancial

The analysts' forecasts for Vipshop Holdings Ltd - ADR (NYSE:VIPS)'s September 2014, third quarter earnings per share have declined and now range between $0.29 and $0.77 per share with a consensus of $0.67 per share.RECOMMENDATIONS

  • Vipshop Holdings Ltd - ADR (NYSE:VIPS) has a consensus recommendation of a buy.
  • The recommendations made by twenty-four analysts evaluating the company include seven strong buy, fifteen buy and two hold.
  • The Software & EDP Services peer group has an average consensus recommendation of a buy.

FORECAST CHANGES

  • At the present time, eleven analysts are providing Thomson Reuters I/B/E/S with earnings estimates.
  • In the past four weeks, the number of estimates has risen by one.
  • Over the last four weeks, the consensus earnings per share estimate has fallen from $0.71 per share.
  • High estimate four weeks ago was $0.77 and the low estimate was $0.63.

YEAR OVER YEAR

  • Current quarter consensus estimate of $0.67 per share implies a change of 156.92% from the same quarter last year when the company earned $0.26 per share.
  • Peer group earnings are projected to fall over the the same quarter last year and have been revised downward over the last four weeks.

Vipshop Holdings Ltd - ADR (NYSE:VIPS) is down slightly in early afternoon trading.

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