PDD Holdings's Earnings Outlook

PDD Holdings PDD is gearing up to announce its quarterly earnings on Thursday, 2024-11-21. Here's a quick overview of what investors should know before the release.

Analysts are estimating that PDD Holdings will report an earnings per share (EPS) of $2.82.

Anticipation surrounds PDD Holdings's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

During the last quarter, the company reported an EPS beat by $0.47, leading to a 4.09% drop in the share price on the subsequent day.

Here's a look at PDD Holdings's past performance and the resulting price change:

Stock Performance

Shares of PDD Holdings were trading at $117.68 as of November 19. Over the last 52-week period, shares are down 0.86%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for PDD Holdings visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.