PDD Holdings Inc PDD.OQ PDD.O is expected to show a rise in quarterly revenue when it reports results on March 20 for the period ending December 31 2024
The Dublin-based company is expected to report a 29.8% increase in revenue to CNY115.375 billion from CNY88.88 billion a year ago, according to the mean estimate from 17 analysts, based on LSEG data.
LSEG's mean analyst estimate for PDD Holdings Inc is for earnings of CNY19.81 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 36 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for PDD Holdings Inc is $152.00, above its last closing price of $118.76.
Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 20.15 | 19.79 | 18.59 | Missed | -6 |
Jun. 30 2024 | 20.28 | 19.46 | 23.24 | Beat | 19.4 |
Mar. 31 2024 | 9.92 | 10.07 | 20.72 | Beat | 105.8 |
Dec. 31 2023 | 11.77 | 11.45 | 17.32 | Beat | 51.3 |
Sep. 30 2023 | 8.58 | 8.70 | 11.61 | Beat | 33.4 |
Jun. 30 2023 | 7.25 | 7.28 | 10.47 | Beat | 43.9 |
Mar. 31 2023 | 3.67 | 3.79 | 6.92 | Beat | 82.7 |
Dec. 31 2022 | 8.28 | 8.30 | 8.34 | Beat | 0.4 |
This summary was machine generated March 14 at 12:46 GMT. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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