Full Truck Alliance (YMM) to Release Earnings on Wednesday

Full Truck Alliance (NYSE:YMM) is scheduled to issue its quarterly earnings data 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.Parties that are interested in registering for the company’s conference call can do so using this link.

Full Truck Alliance (NYSE:YMM) last released its earnings results on Wednesday, August 21st. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates 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 during 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 Stock Performance

Shares of YMM stock opened at $8.48 on Wednesday. Full Truck Alliance has a fifty-two week low of $5.70 and a fifty-two week high of $10.29. The company has a market capitalization of $8.94 billion, a P/E ratio of 25.46 and a beta of 0.23. The stock has a 50 day moving average price of $8.56 and a two-hundred day moving average price of $8.36.

Wall Street Analysts Forecast Growth

Separately, Barclays reduced their price objective on Full Truck Alliance from $9.00 to $7.00 and set an “equal weight” rating for the company in a 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.