Full Truck Alliance (YMM) Set to Announce Quarterly Earnings on Wednesday

Posted by Rob Hiaasen on Aug 20th, 2024

Full Truck Alliance (NYSE:YMM – Get Free Report) will be posting its quarterly earnings results before the market opens on Wednesday, August 21st. Analysts expect Full Truck Alliance to post earnings of $0.11 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Full Truck Alliance (NYSE:YMM – Get Free Report) last announced its earnings results on Tuesday, May 21st. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. Full Truck Alliance had a net margin of 26.48% and a return on equity of 7.23%. The business had revenue of $314.21 million during the quarter, compared to analysts’ expectations of $301.68 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 Up 2.1 %

NYSE:YMM opened at $7.65 on Tuesday. The firm has a market cap of $8.46 billion, a PE ratio of 23.91 and a beta of 0.20. Full Truck Alliance has a 12 month low of $5.70 and a 12 month high of $9.68. The company’s 50-day moving average price is $8.03 and its two-hundred day moving average price is $7.80.

Analyst Ratings Changes

A number of research firms have recently issued reports on YMM. Barclays lifted their target price on shares of Full Truck Alliance from $6.00 to $9.00 and gave the company an “equal weight” rating in a research note on Friday, May 24th. Daiwa America raised Full Truck Alliance to a “strong-buy” rating in a report on Friday, May 10th.

View Our Latest Stock Analysis on Full Truck Alliance

Full Truck Alliance Company Profile

(Get Free Report)

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.