Earnings Outlook For Full Truck Alliance Co

Full Truck Alliance Co (NYSE:YMM) is set to give its latest quarterly earnings report on Monday, 2023-05-22. Here’s…

Full Truck Alliance Co (NYSE:YMM) is set to give its latest quarterly earnings report on Monday, 2023-05-22. Here’s what investors need to know before the announcement.

Analysts estimate that Full Truck Alliance Co will report an earnings per share (EPS) of $0.05.

Full Truck Alliance Co bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.01, which was followed by a 5.12% drop in the share price the next day.

Here’s a look at Full Truck Alliance Co’s past performance and the resulting price change:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.05 0.02 0.02
EPS Actual 0.06 0.07 0.04 0.03
Price Change % -5.12% 13.01% 5.79% -1.34%

Stock Performance

Shares of Full Truck Alliance Co were trading at $5.89 as of May 18. Over the last 52-week period, shares are up 4.14%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Full Truck Alliance Co visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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