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. The company still doubled its annual profit to $15.4 billion, however. At last glance, PDD was up 2% at $128.48, reversing its earlier losses and brushing off a price-target cut from Jefferies to $156 from $171. Familiar pressure at the $130 level is keeping gains in check, however. Year-to-date, the equity is ou ...

PDD Holdings Inc. (NASDAQ: PDD ) just released its earnings for the fourth quarter of 2024. The TEMU owner’s release was mixed , with a miss on revenue but beats onAnalyst’s Disclosure: I/we have a beneficial long position in the shares of PDD, BABA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.81%. A quarter ago, it was expected that this company would post earnings of $2.82 per share when it actually produced earnings of $2.65, delivering a surprise of -6.03%.Over the last four quarters ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

DUBLIN and SHANGHAI, March 20, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the fourth quarter ended and the fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights Total revenues in the quarter were RMB110,610.1 million (US$115,153.5 million), an increase of 24% from RMB88,881.0 million in the same quarter of 2023.Operating profit in the quarter was RMB25,592.2 million (US$3,506.1 million), an inc ...

Core Viewpoint - PDD Holdings Inc. will announce its unaudited financial results for Q4 and the fiscal year ending December 31, 2024, on March 20, 2025, before U.S. markets open [1] Group 1 - The earnings conference call is scheduled for 7:30 AM ET on March 20, 2025 [1] - The conference call will be webcast live and available for replay on the company's investor website [2] Group 2 - PDD Holdings is a multinational commerce group focused on integrating businesses and individuals into the digital economy to enhance productivity and create new opportunities for local communities and small businesses [3]

Core Insights - KraneShares has launched a Single-Stock Levered ETF Suite, including the KraneShares 2X Long PDD Daily ETF (KPDD) and the KraneShares 2X Long BABA Daily ETF (KBAB) [1][5] - These ETFs aim to achieve daily investment results of 200% of the daily percentage change of PDD Holdings and Alibaba's US listings or ADRs [2][6] - PDD Holdings is the fourth-largest e-commerce retailer globally, with over 19 countries of operation and $50 billion in annual gross merchandise value in 2024, while Alibaba is the third-largest, with a diversified business model [3][4] Company Overview - PDD Holdings has reshaped global retail through its platform Temu, which surpassed Amazon in monthly active users [3][9] - Alibaba has seen positive stock momentum due to its Qwen2.5 series large language model and a partnership with Apple for AI integration in new iPhones [3][4] - Both companies have higher average historical annual revenue growth rates compared to US counterparts like Amazon [4][10] Investment Strategy - The Single-Stock Levered ETF Suite provides a way for bullish investors to gain leveraged exposure to leading companies in the China internet sector [5] - PDD and Alibaba are significant holdings in the KraneShares CSI China Internet ETF, with weights of 6.51% and 12.45% respectively as of March 11, 2025 [4]

Company Performance - PDD Holdings Inc. Sponsored ADR (PDD) closed at $113.41, reflecting a +0.72% change, outperforming the S&P 500's 1.22% loss [1] - Over the last month, PDD shares increased by 6.99%, while the Retail-Wholesale sector and S&P 500 experienced losses of 4.52% and 2.31% respectively [1] Earnings Projections - PDD is projected to report earnings of $2.56 per share, indicating a year-over-year growth of 6.67% [2] - The consensus estimate for revenue is $15.68 billion, representing a 25.24% increase from the same quarter last year [2] Analyst Estimates - Changes in analyst estimates for PDD are crucial as they reflect short-term business trends and analysts' confidence in the company's performance [3] - Positive revisions in estimates are associated with potential stock price performance [4] Valuation Metrics - PDD has a Forward P/E ratio of 9.22, which is a discount compared to the industry average of 22.21 [6] - The company has a PEG ratio of 0.27, significantly lower than the industry average PEG ratio of 1.29 [6] Industry Context - The Internet - Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 35, placing it in the top 14% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Group 1: Stock Performance - PDD Holdings Inc. Sponsored ADR closed at $119.77, reflecting a +0.5% change from the previous day, outperforming the S&P 500 which gained 0.01% [1] - Over the past month, PDD shares have appreciated by 6.23%, significantly outperforming the Retail-Wholesale sector's gain of 0.76% and the S&P 500's loss of 2.26% [1] Group 2: Earnings Forecast - The upcoming earnings report for PDD is expected to show an EPS of $2.56, representing a 6.67% increase from the same quarter last year [2] - Revenue is forecasted to reach $15.68 billion, indicating a 25.24% increase compared to the same quarter of the previous year [2] Group 3: Analyst Projections - Recent shifts in analyst projections for PDD are important as they often indicate changes in near-term business trends, with positive revisions reflecting optimism about the company's profitability [3] Group 4: Valuation Metrics - PDD's current Forward P/E ratio is 9.76, which is a discount compared to its industry's Forward P/E of 23.53 [6] - The company has a PEG ratio of 0.29, significantly lower than the Internet - Commerce industry's average PEG ratio of 1.18 [7] Group 5: Industry Ranking - The Internet - Commerce industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 45, placing it in the top 18% of over 250 industries [7] - The Zacks Rank system indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Core Viewpoint - PDD Holdings' stock experienced a significant rally following Alibaba's earnings report, which exceeded analyst expectations on both revenue and profit metrics [1] Company Summary - PDD Holdings is positioned favorably in the market as its stock performance is positively influenced by competitor Alibaba's strong earnings results [1] Industry Summary - The competitive landscape in the e-commerce sector is highlighted by Alibaba's recent earnings, which may set a benchmark for other companies like PDD Holdings [1]