Full Truck Alliance (YMM) to Release Quarterly Earnings on Wednesday

Full Truck Alliance (NYSE:YMM) will be posting its quarterly earnings results before the market opens on Wednesday, November 20th. Analysts expect Full Truck Alliance to post earnings of $0.14 per share for the quarter. Full Truck Alliance has set its Q3 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Full Truck Alliance (NYSE:YMM) last issued its earnings results on Wednesday, August 21st. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. Full Truck Alliance had a net margin of 26.80% and a return on equity of 7.88%. The business had revenue of $380.38 million during the quarter, compared to analysts’ expectations 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 1.8 %

Full Truck Alliance stock opened at $8.47 on Tuesday. Full Truck Alliance has a 12-month low of $5.70 and a 12-month high of $10.29. The stock has a market cap of $8.92 billion, a P/E ratio of 24.20 and a beta of 0.23. The company has a 50-day moving average price of $8.69 and a 200 day moving average price of $8.35.

Analyst Upgrades and Downgrades

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