Full Truck Alliance Co's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Full Truck Alliance Co (NYSE:YMM) is scheduled to release its quarterly earnings report on March 7, 2024. Analysts predict an EPS of $0.08. The focus will be on whether YMM beats this estimate and provides positive guidance for the next quarter. Historical data shows that YMM's stock price reacts more to guidance than to earnings beats or misses. The stock is currently trading at $6.57, down 8.22% over the last year.
March 06, 2024 | 2:02 pm
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Full Truck Alliance Co is expected to report an EPS of $0.08 for the quarter. Investors will closely watch for earnings beat and future guidance. The stock has declined 8.22% over the past year.
The short-term impact on YMM's stock price will likely hinge on whether it meets or exceeds the EPS estimate and what guidance it provides for future quarters. Historically, the stock has shown sensitivity to guidance rather than just earnings outcomes. Given the stock's recent performance, positive guidance could help mitigate some of the past year's losses, while any negative outlook might exacerbate the downward trend.
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