Full Truck Alliance Co Ltd reports results for the quarter ended in December - Earnings Summary

Full Truck Alliance

07/03/2024 14:33

* Full Truck Alliance Co Ltd  YMM.N  reported quarterly
adjusted
earnings of 10 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 6 cents.  The mean expectation of
four analysts for the quarter was for earnings of 8 cents per
share. Wall Street expected results to range from 8 cents to 9
cents per share.
    * Revenue rose 21.7% to $339.15 million from a year ago;
analysts
expected $318.41 million. 
    * Full Truck Alliance Co Ltd's reported EPS for the quarter
was 8
cents​.
    * The company reported quarterly net income of $82.27
million.
    * Full Truck Alliance Co Ltd shares had fallen by 8.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Full Truck
Alliance Co Ltd is $11.00 

This summary was machine generated from LSEG data March 7 at
02:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.08           0.10           Beat
 Sep. 30 2023      0.08           0.11           Beat
 Jun. 30 2023      0.07           0.09           Beat
 Mar. 31 2023      0.05           0.07           Beat