Didn't age well

PDD Holdings Stock Gains 1% Ahead of Quarterly Results

Temu parent PDD Holdings will report its second quarter earnings early Monday. Analysts expect the China-founded e-commerce giant to continue a run of big earnings growth.PDD Holdings shares rose 1.1% in premarket trading.Analysts expect PDD's earnings per share to grow 95% in local currency to 20.43 yuan per share, according to FactSet. Sales are seen growing 92% to 100.2 billion yuan, or $14 billion.PDD has not disclosed sales figures for Temu. Analysts with Morgan Stanley forecast in July tha
PDD Holdings Stock Gains 1% Ahead of Quarterly Results

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet