How Will Jumei International (JMEI) Stock React To Its Second Quarter Earnings Results?

NEW YORK (TheStreet) --Jumei International Holding Ltd (JMEI) reported a 68.2% increase in net income for the 2014 second quarter to $17.8 million, or 16 cents per diluted share, compared to $10.6 million, or 13 cents per diluted share for the same quarter in 2013.

The China-based online retailer of beauty products said GAAP net income grew by 53.6% to $15.4 million, or 13 cents per diluted share, from $10 million, or 12 cents per diluted share for the 2013 second quarter.

Jumei International's total net revenue rose 41.9% to $154.4 million for the most recent quarter versus $108.8 million for the year ago period.

Stocks TO Buy: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn More
.

Shares of Jumei are lower by -0.27% to $37 in after-hours trading today. 

JMEI Chart JMEI data by YCharts

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE

 

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists