Thursday, 1 October 2015

Keesha holds JMEI 9.93: A Bloomberg gauge for Chinese ADRs extended a four-day decline, mirroring a 7.6 percent drop this week in the Shanghai benchmark for mainland equities.

American depositary receipts of the Chinese online retailer of cosmetics tumbled 23 percent to $12.95. Video website operator Youku Tudou Inc. dropped 11 percent to a four-month low as its revenue outlook also fell short of estimates. The Shanghai Composite Index fell 3.39% on Thursday, which caused several Chinese stocks to decline, including Jumei. Analysts expect the company to report revenue of $288 million for the quarter. Looking to the third quarter Jumei said it expects to report revenue of $287 million to $291.8 million, representing an 82% to 85% increase from the year-ago quarter. Jumei said the lower gross margin was due to a mix shift from beauty product marketplace sales to merchandise sales.


Yu:
Revenue grew 99.6% year over year to $308.1 million, compared to analysts' estimates of $274.78 million.

Sheree:
Jumei reported earnings of 13 cents a share for the second quarter, above analysts' estimates of 12 cents a share for the quarter.

Mavis:
The stock, however, dropped $0.32 or 1.91% in the after-hours trade.

Leonarda:
JMEI closed Wednesday's trading at $16.73, up $0.03 or 0.18%, on the Nasdaq.

Therese:
Analysts currently estimate revenues of $288.04 million for the quarter.

Olga:
Looking forward to the third quarter, the company expects revenues of $287.0 million to $291.8 million.

Mahalia:
Gross profit margins dropped to 30.0 percent from 46.3 percent last year, hurt by the shift from beauty product marketplace sales to merchandise sales.

Magan:
The number of active customers increased 28 percent to about 6.4 million, while total orders increased 58.2 percent to around 17.4 million.

Chieko:
Analysts had a consensus revenue estimate of $274.78 million for the quarter.

Wilma:
Revenues for the quarter doubled to $308.1 million from $154.4 million last year, driven largely by higher number of active customers and total orders.

Jumei International Holding Ltd (NYSE:JMEI)
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