Full Truck Alliance (YMM) Scheduled to Post Earnings on Wednesday

Full Truck Alliance (NYSE:YMM) is scheduled to be announcing its earnings results before the market opens on Wednesday, November 20th. Analysts expect the company to announce earnings of $0.14 per share for the quarter. Full Truck Alliance has set its Q3 2024 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Full Truck Alliance (NYSE:YMM) last announced its quarterly earnings results on Wednesday, August 21st. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. Full Truck Alliance had a return on equity of 7.88% and a net margin of 26.80%. The company had revenue of $380.38 million for the quarter, compared to the consensus estimate of $369.24 million. 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 Trading Up 0.8 %

Shares of Full Truck Alliance stock opened at $8.32 on Monday. Full Truck Alliance has a 1-year low of $5.70 and a 1-year high of $10.29. The firm has a fifty day simple moving average of $8.66 and a 200-day simple moving average of $8.35. The stock has a market capitalization of $8.77 billion, a price-to-earnings ratio of 23.77 and a beta of 0.23.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered their price target on Full Truck Alliance from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Friday, August 23rd.

About Full Truck Alliance

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.