Dingdong (Cayman) (DDL) Scheduled to Post Earnings on Monday

Dingdong (Cayman) (NYSE:DDL) is scheduled to post its quarterly earnings results before the market opens on Monday, May 13th. Analysts expect Dingdong (Cayman) to post earnings of $0.08 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Dingdong (Cayman) (NYSE:DDL) last issued its earnings results on Thursday, February 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.03). Dingdong (Cayman) had a negative return on equity of 11.16% and a negative net margin of 0.51%. The firm had revenue of $703.31 million during the quarter, compared to the consensus estimate of $700.70 million. During the same period last year, the firm posted $0.08 earnings per share. On average, analysts expect Dingdong (Cayman) to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Dingdong (Cayman) Price Performance

Shares of Dingdong (Cayman) stock opened at $1.50 on Monday. The stock has a 50 day moving average of $1.27 and a 200 day moving average of $1.50. Dingdong has a 12 month low of $1.07 and a 12 month high of $4.08.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. dropped their price objective on shares of Dingdong (Cayman) from $1.40 to $1.15 and set an “underweight” rating for the company in a research note on Tuesday, March 5th.

About Dingdong (Cayman)

Dingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh groceries, including vegetables, meat and eggs, fruits, and seafood; prepared food, and other food products, such as baked goods, dairy, seasonings, beverages, instant food, oil, and snacks. It offers its products through traditional offline, as well as online channels through Dingdong Fresh app, mini-programs, and third-party platforms.