PDD Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
PDD Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
PDD Holdings Inc. PDD.OQ reported quarterly adjusted earnings of CNY19.33 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of CNY22.07. The mean expectation of thirteen analysts for the quarter was for earnings of CNY18.22 per share. Wall Street expected results to range from CNY12.72 to CNY21.42 per share.
Revenue rose 8.1% to CNY112.36 billion from a year ago; analysts expected CNY116.35 billion.
PDD Holdings Inc.'s reported EPS for the quarter was CNY18.45.
The company reported quarterly net income of CNY27.18 billion.
PDD Holdings Inc. shares had risen by 15.9% this quarter and lost 22.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 12.9% 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 22 "strong buy" or "buy," 13 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"
Wall Street's median 12-month price target for PDD Holdings Inc. is $118.04, about 25.1% above its last closing price of $88.38
This summary was machine generated from LSEG data August 24 at 01:31 p.m. UTC. All figures in Chinese yuan renminbi 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 |
Jun. 30 2026 | 18.22 | 19.33 | Beat |
Mar. 31 2026 | 16.63 | 9.51 | Missed |
Dec. 31 2025 | 20.76 | 17.69 | Missed |
Sep. 30 2025 | 16.84 | 21.08 | Beat |
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