Full Truck Alliance (NYSE:YMM) reports 62.5% earnings growth, forecasts Q3 revenue up to RMB 2.82 billion [Yahoo! Finance]
Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) (YMM)
Company Research
Source: Yahoo! Finance
to CNY 2,764.28 million and a net income boost to CNY 823.13 million. The company anticipates continued growth, projecting third-quarter net revenues between RMB 2.76 billion and RMB 2.82 billion, reflecting a potential growth rate of up to 24.6%. In the following discussion, we will explore Full Truck Alliance's competitive advantages, areas for growth, emerging market opportunities, and the challenges it faces in sustaining its upward trajectory. Take a closer look at Full Truck Alliance's potential here. The recent earnings call highlights Full Truck Alliance's impressive financial health, with significant earnings growth of 62.5% over the past year, far surpassing the transportation industry's 3.6% decline. This performance is further supported by a five-year earnings growth rate of 63.2% per year, showcasing the company's ability to sustain long-term profitability. Additionally, the improvement in net profit margins from 21.4% to 26.8% indicates enhanced operational efficienc
Show less
Read more
Impact Snapshot
Event Time:
YMM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
YMM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
YMM alerts
High impacting Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) news events
Weekly update
A roundup of the hottest topics
YMM
News
- Full Truck Alliance Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Full Truck Alliance Co. Ltd. (NYSE: YMM) had its price target raised by analysts at Citigroup Inc. from $12.00 to $13.00. They now have a "buy" rating on the stock.MarketBeat
- Full Truck Alliance Co Ltd (YMM) Q3 2024 Earnings Call Highlights: Surging Revenues and ... [Yahoo! Finance]Yahoo! Finance
- Full Truck Alliance (YMM) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Full Truck Alliance Co. Ltd. Announces Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
YMM
Earnings
- 11/20/24 - Beat
YMM
Sec Filings
- 11/21/24 - Form 144
- 11/20/24 - Form 6-K
- 11/12/24 - Form SC
- YMM's page on the SEC website