Full Truck Alliance Third Quarter 2022 Earnings: Beats Expectations
Full Truck Alliance (NYSE:YMM) Third Quarter 2022 Results
Key Financial Results
Revenue: CNJPY1.81b (up 46% from 3Q 2021).
Net income: CNJPY393.5m (up from CNJPY178.4m loss in 3Q 2021).
Profit margin: 22% (up from net loss in 3Q 2021).
EPS: CNJPY0.37 (up from CNJPY0.17 loss in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Full Truck Alliance Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates. Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Transportation industry in the US.
Performance of the American Transportation industry. The company’s share price is broadly unchanged from a week ago.
You should learn about the 2 warning signs we’ve spotted with Full Truck Alliance. Have feedback on this article?
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