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
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News
- Are You Looking for a Top Momentum Pick? Why Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) is a Great Choice [Yahoo! Finance]Yahoo! Finance
- Institutional investors are Full Truck Alliance Co. Ltd.'s (NYSE:YMM) biggest bettors and were rewarded after last week's US$1.3b market cap gain [Yahoo! Finance]Yahoo! Finance
- Full Truck Alliance Co. Ltd. (NYSE: YMM) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating. They now have a $13.00 price target on the stock, up previously from $12.00.MarketBeat
- Full Truck Alliance Co. Ltd. (NYSE: YMM) had its price target raised by analysts at Citigroup Inc. from $13.00 to $15.00. They now have a "buy" rating on the stock.MarketBeat
- Full Truck Alliance Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
YMM
Earnings
- 11/20/24 - Beat
YMM
Sec Filings
- 12/3/24 - Form SC
- 11/21/24 - Form 144
- 11/20/24 - Form 6-K
- YMM's page on the SEC website