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.

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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