Investing.com - Vipshop reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Vipshop announced earnings per share of 3.7 on revenue of 35.77B. Analysts polled by Investing.com anticipated EPS of 3.13 on revenue of 34.98B.
Vipshop shares are up 28.64% from the beginning of the year and are trading at 38.00 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Vipshop shares gained 5.09% in pre-market trade the report.
Vipshop follows other major Services sector earnings this month
Vipshop's report follows an earnings beat by Amazon.com on February 2, who reported EPS of 14.09 on revenue of 125.56B, compared to forecasts EPS of 7.2 on revenue of 119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of 22.03 on revenue of 221.08B, compared to forecast for EPS of 20.59 on revenue of 214.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar