Investing.com - Vipshop (NYSE:VIPS) reported on Wednesday fourth quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Vipshop announced earnings per share of 2.64 on revenue of 34.13. Analysts polled by Investing.com anticipated EPS of 2.64 on revenue of 35.96B.
Vipshop shares are down 16.98% from the beginning of the year, still down 78.61% from its 52 week high of 46.00 set on March 23, 2021. They are under-performing the S&P 500 which is down 9.68% from the start of the year.
Vipshop follows other major Consumer Discretionary sector earnings this month
Vipshop's report follows an earnings beat by Amazon.com on February 3, who reported EPS of 27.75 on revenue of 137.41B, compared to forecasts EPS of 3.61 on revenue of 137.68B.
Tesla had beat expectations on January 26 with fourth quarter EPS of 2.54 on revenue of 17.72B, compared to forecast for EPS of 2.36 on revenue of 17.13B.
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