Full Truck Alliance (YMM) to Release Earnings on Wednesday

Full Truck Alliance (NYSE:YMM) is scheduled to release its earnings data before the market opens on Wednesday, November 20th. Analysts expect Full Truck Alliance to post earnings of $0.14 per share for the quarter. Full Truck Alliance has set its Q3 2024 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

Full Truck Alliance (NYSE:YMM) last issued its earnings results on Wednesday, August 21st. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. The business had revenue of $380.38 million during the quarter, compared to analysts’ expectations of $369.24 million. Full Truck Alliance had a return on equity of 7.88% and a net margin of 26.80%. On average, analysts expect Full Truck Alliance to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Full Truck Alliance Trading Up 0.8 %

NYSE:YMM opened at $8.32 on Monday. The business’s fifty day moving average price is $8.66 and its 200 day moving average price is $8.35. The firm has a market capitalization of $8.77 billion, a price-to-earnings ratio of 23.77 and a beta of 0.23. Full Truck Alliance has a 1-year low of $5.70 and a 1-year high of $10.29.

Analyst Upgrades and Downgrades

Separately, Barclays dropped their target price on Full Truck Alliance from $9.00 to $7.00 and set an “equal weight” rating on the stock in a report on Friday, August 23rd.

About Full Truck Alliance

Full Truck Alliance Co Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China. The company offers freight matching services, such as freight listing and brokerage services; and online transaction services, as well as various value-added services, such as credit solutions, insurance brokerage, software solutions, electronic toll collection, and energy services.