* Full Truck Alliance Co Ltd 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
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