PDD Holdings Inc. American Depositary Shares (PDD)
PDD Faces "Intensified Competition," TSLA Price Target Trimmed
Jenny Horne turns to two stories behind some of the premarket's downside trading action. PDD Holdings (PDD) slipped despite its 24% increase in year-over-year revenue.
Temu Parent Reports Earnings: What to Know
Temu and Pinduoduo parent PDD Holdings Inc (NASDAQ:PDD) reported lower-than-expected fourth-quarter earnings and revenue before the open today, dinged by stiff competition and weak demand in China.
Temu Parent PDD Holdings Posts Higher Income Even as Revenue Comes Up Short
U.S.-listed shares of PDD Holdings (PDD) rose Thursday after the parent of the Temu shopping app posted a higher quarterly profit even though it missed sales estimates as Chinese consumers pulled back spending and it faced higher costs.
PDD Holdings Inc. (PDD) Q4 2024 Earnings Call Transcript
PDD Holdings Inc. (NASDAQ:PDD ) Q4 2024 Earnings Call March 20, 2025 7:30 AM ET Company Participants Unidentified Company Representative - Lei Chen - Chairman & Co-CEO Jiazhen Zhao - Executive Director & Co-CEO Jun Liu - VP, Finance Conference Call Participants Joyce Ju - Bank of America Securities Alicia Yap - Citigroup Kenneth Fong - UBS Operator Ladies and gentlemen, thank you for standing by, and welcome to PDD Holdings Inc. Fourth Quarter and Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
PDD Holdings' Growth Continues In Q4 (Rating Upgrade)
PDD Holdings Inc. just released its earnings for the fourth quarter of 2024. The release mostly beat analyst estimates, with a miss on revenue and beats on GAAP and adjusted EPS. Going into earnings, expectations were fairly high, as analysts expected positive sequential growth when the previous quarter showed a sequential decline.
PDD Holdings Inc. Sponsored ADR (PDD) Q4 Earnings Top Estimates
PDD Holdings Inc. Sponsored ADR (PDD) came out with quarterly earnings of $2.76 per share, beating the Zacks Consensus Estimate of $2.56 per share. This compares to earnings of $2.40 per share a year ago.
Temu owner PDD falls after reporting lower revenue than expected
Shares in PDD Holdings Inc (NASDAQ:PDD) fell 7% in premarket trading in New York after the Temu owner reported lower revenues than expected for the final quarter of last year. The Shanghai-based tech conglomerate, which also has a base in Dublin, Ireland, reported total fourth-quarter revenues of RMB 110.6 billion (US$115.15 billion), an increase of 24% on a year earlier.
Temu Owner PDD Stock Falls. It Missed on Earnings.
Quarterly earnings were 18.53 yuan per American-listed share, on revenue of 110.6 billion yuan, missing analysts' expectations.
Temu-owner PDD Holdings misses quarterly revenue expectations
PDD Holdings , which operates the Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in the company's Chinese e-commerce business despite deep discounts and government stimulus to boost spending.
PDD Earnings Amid Chinese Stock Breakout: Will PDD Join Rally?
PDD Holdings (PDD) reports earnings tomorrow morning. While other Chinese stocks rallied through a show of strength in international stocks, Jeff Pierce notes tariffs and overvaluation as concerns.
PDD Holdings Q4 Earnings Preview: Preparing For The End Of De Minimis
PDD's Temu division drives growth despite margin contraction; company recycles margins for long-term global customer acquisition. 4Q24 results may show further margin slippage due to investments in marketing, discounts, and shipping to sustain Temu's growth. PDD remains undervalued at 10x PE with significant upside potential; market consensus price target is $147 for 2025, rising to $207 for 2026.
Temu Owner PDD and Alibaba Stocks Fall. It Isn't Just Tariffs Dragging Down China Shares.
China's retaliatory levies on U.S. imports kicked in Monday—and that wasn't the only reason investors were in a sour mood.
