PDD Holdings Q1 Adj EPADS $2.83 Beats $1.42 Estimate, Sales $12.02B Beat $10.65B Estimate
Portfolio Pulse from Benzinga Newsdesk
PDD Holdings reported Q1 adjusted EPADS of $2.83, significantly beating the estimate of $1.42. Sales also surpassed expectations, coming in at $12.02 billion compared to the $10.65 billion estimate.
May 22, 2024 | 10:32 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
PDD Holdings reported strong Q1 results with adjusted EPADS of $2.83, beating the $1.42 estimate, and sales of $12.02 billion, surpassing the $10.65 billion estimate.
The significant beat on both adjusted EPADS and sales estimates is likely to positively impact PDD's stock price in the short term as it indicates strong financial performance and growth.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100