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).

earnings-and-revenue-growth

earnings-and-revenue-growth

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.

Risk Analysis

You should learn about the 2 warning signs we’ve spotted with Full Truck Alliance. Have feedback on this article?

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Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

Simply Wall St has no position in any stocks mentioned.

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