PDD Holdings Inc expected to post earnings of CNY19.79 a share - Earnings Preview

reuters11-19 21:33
PDD Holdings Inc <pdd.oq> expected to post earnings of CNY19.79 a share - Earnings Preview </pdd.oq>

  • PDD Holdings Inc PDD.OQ PDD.O is expected to show a rise in quarterly revenue when it reports results on November 21 for the period ending September 30 2024

  • The Dublin-based company is expected to report a 49.1% increase in revenue to CNY102.646 billion from CNY68.84 billion a year ago, according to the mean estimate from 17 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for PDD Holdings Inc is for earnings of CNY19.79 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 44 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for PDD Holdings Inc is $163.00​, above​ its last closing price of $117.31. ​​​

Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

20.28

19.46

23.24

Beat

19.4

Mar. 31 2024

9.92

10.07

20.72

Beat

105.8

Dec. 31 2023

11.77

11.45

17.32

Beat

51.3​

Sep. 30 2023

8.58

8.70

11.61

Beat

33.4

​​Jun. 30 2023

7.25

7.28

10.47

Beat

43.9

Mar. 31 2023

3.67

3.79

6.92

Beat

82.7​

Dec. 31 2022

8.28

8.30

8.34

Beat

0.4

Sep. 30 2022

4.66

4.69

8.62

Beat

83.8

This summary was machine generated November 19 at 13:32 GMT. 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)

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