Full Truck Alliance Third Quarter 2024 Earnings: Beats Expectations

Simply Wall St.11-22

Full Truck Alliance (NYSE:YMM) Third Quarter 2024 ResultsKey Financial Results Revenue: CN¥3.03b (up 34% from 3Q 2023). Net income: CN¥1.11b (up 80% from 3Q 2023). Profit margin: 37% (up from 27% in ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2485253635?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/3242000-choice1-main-header/1585186612362","is_english":true,"pubTime":"2024-11-22 18:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2485253635","market":"hk","top_or_hot":-1,"title":"Full Truck Alliance Third Quarter 2024 Earnings: Beats Expectations","media":"Simply Wall St.","content":"<div>\n<p>Full Truck Alliance (NYSE:YMM) Third Quarter 2024 ResultsKey Financial Results Revenue: CN¥3.03b (up 34% from 3Q 2023). Net income: CN¥1.11b (up 80% from 3Q 2023). Profit margin: 37% (up from 27% in ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/transportation/nyse-ymm/full-truck-alliance/news/full-truck-alliance-third-quarter-2024-earnings-beats-expect\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Full Truck Alliance Third Quarter 2024 Earnings: Beats Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFull Truck Alliance Third Quarter 2024 Earnings: Beats Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 18:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/transportation/nyse-ymm/full-truck-alliance/news/full-truck-alliance-third-quarter-2024-earnings-beats-expect><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance (NYSE:YMM) Third Quarter 2024 ResultsKey Financial Results Revenue: CN¥3.03b (up 34% from 3Q 2023). Net income: CN¥1.11b (up 80% from 3Q 2023). Profit margin: 37% (up from 27% in ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/transportation/nyse-ymm/full-truck-alliance/news/full-truck-alliance-third-quarter-2024-earnings-beats-expect\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"YMM","symbol_name":"满帮","start_time":0,"source_url":"https://simplywall.st/stocks/us/transportation/nyse-ymm/full-truck-alliance/news/full-truck-alliance-third-quarter-2024-earnings-beats-expect","article_id":"2485253635","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/3242000-choice1-main-header/1585186612362"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485253635","pubTimestamp":1732270962,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Full Truck Alliance ( NYSE:YMM ) Third Quarter 2024 Results Key Financial Results Revenue: CN¥3.03b (up 34% from 3Q...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"YMM":"满帮"},"translate_title":"Full Truck Alliance 2024年第三季度收益：超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"YMM":0.9},"content_text":"Full Truck Alliance (NYSE:YMM) Third Quarter 2024 ResultsKey Financial Results Revenue: CN¥3.03b (up 34% from 3Q 2023). Net income: CN¥1.11b (up 80% from 3Q 2023). Profit margin: 37% (up from 27% in 3Q 2023). The increase in margin was driven by higher revenue. EPS: CN¥1.06 (up from CN¥0.58 in 3Q 2023).  NYSE:YMM Earnings and Revenue Growth November 22nd 2024 All figures shown in the chart above are for the trailing 12 month (TTM) period Full Truck Alliance Revenues and Earnings Beat Expectations  Revenue exceeded analyst estimates by 9.5%.  Earnings per share (EPS) also surpassed analyst estimates by 22%.      Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Transportation industry in the US.    Performance of the American Transportation industry.  The company's shares are up 18% from a week ago.   Balance Sheet Analysis While earnings are important, another area to consider is the balance sheet.  We have a graphic representation of Full Truck Alliance's balance sheet and an in-depth analysis of the company's financial position. New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485253635"}