Full Truck Alliance Co Ltd reports results for the quarter ended September 30 - Earnings Summary

Full Truck Alliance

20/11/2024 14:32

* Full Truck Alliance Co Ltd  YMM.N  reported quarterly
adjusted
earnings of 17 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 11 cents.  The mean expectation of five analysts
for the quarter was for earnings of 15 cents per share. Wall
Street expected results to range from 14 cents to 15 cents per
share.
    * Revenue rose 39.2% to $431.97 million from a year ago;
analysts
expected $389.08 million. 
    * Full Truck Alliance Co Ltd's reported EPS for the quarter
was 15
cents​.
    * The company reported quarterly net income of $157.76
million.
    * Full Truck Alliance Co Ltd shares had fallen by 4.9% this
quarter and gained 22.3% so far this year.

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 12 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

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 November 20 at
02:31 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
 Sep. 30 2024      0.15           0.17           Beat
 Jun. 30 2024      0.13           0.13           Met
 Mar. 31 2024      0.07           0.10           Beat
 Dec. 31 2023      0.08           0.10           Beat