Dingdong (Cayman) Ltd reports results for the quarter ended December 31 - Earnings Summary

Reuters
06 Mar
Dingdong (Cayman) Ltd reports results for the quarter ended December 31 - Earnings Summary
  • Dingdong (Cayman) Ltd DDL.N reported quarterly adjusted earnings of 50 fen​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 6 fen. The lone analyst forecast for the quarter was for earnings of 19 fen per share.

  • Revenue rose 18.3% to CNY5.91 billion from a year ago; analysts expected CNY5.89 billion.

  • The company reported quarterly net income of CNY89.18 million.

  • Dingdong (Cayman) Ltd shares had fallen by 4.3% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the online services peer group is "hold."

Wall Street's median 12-month price target for Dingdong (Cayman) Ltd is $3.20

This summary was machine generated from LSEG data March 6 at 02:31 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.19

0.50

Beat

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