Full Truck Alliance (YMM) to Release Earnings on Wednesday

Full Truck Alliance (NYSE:YMM) will issue its quarterly earnings data before the market opens on Wednesday, August 21st. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Full Truck Alliance has set its Q2 2024 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Full Truck Alliance (NYSE:YMM) last announced its quarterly earnings results on Tuesday, May 21st. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. The business had revenue of $314.21 million during the quarter, compared to analyst estimates of $301.68 million. Full Truck Alliance had a net margin of 26.48% and a return on equity of 7.23%. 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 Stock Performance

YMM stock opened at $7.49 on Monday. The company has a market capitalization of $8.28 billion, a P/E ratio of 23.41 and a beta of 0.20. Full Truck Alliance has a 52-week low of $5.70 and a 52-week high of $9.68. The business has a 50-day simple moving average of $8.05 and a two-hundred day simple moving average of $7.80.

Analyst Ratings Changes

A number of research firms have weighed in on YMM. Daiwa America raised Full Truck Alliance to a “strong-buy” rating in a report on Friday, May 10th. Barclays lifted their price objective on Full Truck Alliance from $6.00 to $9.00 and gave the company an “equal weight” rating in a research note on Friday, May 24th.

Full Truck Alliance Company Profile

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.