PDD Holdings's Earnings Outlook
Portfolio Pulse from Benzinga Insights
PDD Holdings (NASDAQ:PDD) is scheduled to release its quarterly earnings report on March 20, 2024, with an expected EPS of $1.60. Historical data shows positive stock price reactions to earnings beats. Shares are currently trading at $128.71, up 65.65% over the last year. Investors are looking for a beat on the EPS estimate and positive future guidance.
March 19, 2024 | 2:00 pm
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PDD Holdings is expected to report an EPS of $1.60 for the upcoming quarter. Historical performance shows positive reactions to earnings beats, with shares currently up 65.65% over the past year.
Given PDD Holdings' history of positive stock price reactions to earnings beats and the current positive trend in its share price, there is a high likelihood of a short-term positive impact on the stock if the company beats the EPS estimate again and provides optimistic future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100