Full Truck Alliance Co. Ltd. American Depositary Receipt (YMM)
Full Truck Alliance: Positive On Strong Q2 Growth And Favorable Volume Guidance
Full Truck Alliance Co. Ltd.'s revenue and net income attributable to shareholders rose significantly by +34% YoY and +33% YoY, respectively in Q2 2024. The company sees its order volume increasing by +20% or more for the full year, which will be on par with its actual Q2 2024 order volume expansion of +22%. Full Truck Alliance's solid second quarter results and positive full-year prospects support a higher valuation multiple and a Buy rating.
Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) Matches Q2 Earnings Estimates
Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) came out with quarterly earnings of $0.13 per share, in line with the Zacks Consensus Estimate.
Full Truck Alliance: Turning Positive On Results Beat And Attractive Shareholder Yield (Rating Upgrade)
Full Truck Alliance's Q1 2024 financial results were better than expected, with its top line and bottom line expanding by +33% and +50%, respectively on YoY terms. YMM's potential shareholder yield could be as high as 4.5% as per my estimates. I revise my rating for the stock from a Hold to a Buy, following an evaluation of the company's financial performance and shareholder capital return.
Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) Surpasses Q1 Earnings and Revenue Estimates
Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.09 per share.
