Investing.com - Baozun Inc reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Baozun Inc announced earnings per share of 0.36 on revenue of 1.83B. Analysts polled by Investing.com anticipated EPS of 1.17 on revenue of 1.79B.
Baozun Inc shares are up 1.33% from the beginning of the year and are trading at 38.64 , down-from-52-week-high.They are under-performing the Nasdaq which is up 32.41% from the start of the year.
Baozun Inc follows other major Technology sector earnings this month
Baozun Inc's report follows an earnings beat by Apple on October 29, who reported EPS of 0.73 on revenue of 64.7B, compared to forecasts EPS of 0.7099 on revenue of 63.8B.
Microsoft had beat expectations on October 27 with first quarter EPS of 1.82 on revenue of 37.15B, compared to forecast for EPS of 1.54 on revenue of 35.76B.
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