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. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.10, delivering a surprise of 11.11%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. ...

GUIYANG, China, Aug. 21, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the second quarter ended June 30, 2024.Second Quarter 2024 Financial and Operational HighlightsTotal net revenues in the second quarter of 2024 were RMB2,764.3 million (US$380.4 million), an increase of 34.1% from RMB2,062.0 million in the same period of 2023.Net income in the second quarter of 2024 was RMB840 ...

Earnings Call Scheduled for 8:00 A.M. U.S. ET on August 21, 2024  GUIYANG, China, Aug. 1, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced that it will release its second quarter 2024 unaudited financial results on Wednesday, August 21, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on August 21, 2024 or 8:00 P.M. Beijing Time to ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price of $14.85 per ADS [4] Core Views - The company reported Q1 2024 revenue of RMB 2.269 billion, a 33.3% YoY increase, exceeding the guidance range of RMB 2.11-2.16 billion [2] - Monthly active shippers reached 2.14 million in Q1 2024, up 22.3% YoY, while fulfilled orders grew 29.6% YoY to 39.3 million [2] - Transaction service revenue surged 61.5% YoY to RMB 691 million, driven by increased order volume, commission coverage, and average commission per order [2] - Gross margin improved to 54.5% in Q1 2024, up 4 percentage points YoY, benefiting from the higher-margin transaction service business [2] - Non-GAAP net profit reached RMB 586 million in Q1 2024, a 42.5% YoY increase [2] Financial Projections - Revenue is forecasted to grow at a CAGR of 23.4% from 2024 to 2026, reaching RMB 15.842 billion in 2026 [3] - Non-GAAP net profit is expected to increase from RMB 3.679 billion in 2024 to RMB 5.150 billion in 2026 [3] - The company's PE ratio is projected to decline from 18.3x in 2024 to 9.8x in 2026 [3] Operational Highlights - The company has been increasing its customer acquisition efforts through both online and offline channels, with sales expenses rising 38.5% YoY to RMB 340 million in Q1 2024 [2] - The proportion of mid-to-low frequency direct customers and their order contribution continues to grow [2] - The company has reclassified some revenue from information publishing and value-added services to transaction services [2]

证券研究报告·海外公司点评·交通运输 满帮集团（YMM） 24Q1 业绩点评：业绩持续兑现，交易服务将 2024年 05月 25日 持续带动业绩增长 证券分析师 张良卫 买入（维持） 执业证书：S0600516070001 021-60199793 [ 盈Ta 利bl 预e_ 测EP 与S] 估 值 2022A 2023A 2024E 2025E 2026E zhanglw@dwzq.com.cn 研究助理 晋晨曦 营业总收入（百万元） 6,734 8,436 10,593 13,183 16,677 执业证书：S0600122090072 同比（%） 45% 25% 26% 24% 26% jincx@dwzq.com.cn Non-GAAP净利润 1,395 2,797 3,524 4,777 6,291 同比（%） 210% 100% 26% 36% 32% 股价走势 经调整EPS（元/股） 1.33 2.67 3.37 4.57 6.02 满帮集团 纳斯达克指数 86% PE（Non-GAAP） 47.69 23.79 18.89 13.93 10.58 69% 51% [关Ta键bl词e_：Ta#g ...

证券研究报告·海外公司点评·交通运输 满帮集团（YMM） 24Q1 业绩点评：业绩持续兑现，交易服务将 2024年 05月 25日 持续带动业绩增长 证券分析师 张良卫 买入（维持） 执业证书：S0600516070001 021-60199793 [ 盈Ta 利bl 预e_ 测EP 与S] 估 值 2022A 2023A 2024E 2025E 2026E zhanglw@dwzq.com.cn 研究助理 晋晨曦 营业总收入（百万元） 6,734 8,436 10,593 13,183 16,677 执业证书：S0600122090072 同比（%） 45% 25% 26% 24% 26% jincx@dwzq.com.cn Non-GAAP净利润 1,395 2,797 3,524 4,777 6,291 同比（%） 210% 100% 26% 36% 32% 股价走势 经调整EPS（元/股） 1.33 2.67 3.37 4.57 6.02 满帮集团 纳斯达克指数 86% PE（Non-GAAP） 47.69 23.79 18.89 13.93 10.58 69% 51% [关Ta键bl词e_：Ta#g ...

Full Truck Alliance Co. Ltd. (NYSE:YMM) Q1 2024 Earnings Conference Call May 21, 2024 8:00 AM ET Company Participants Mao Mao - Head of Investor Relations Hui Zhang - Founder, Chairman and Chief Executive Officer Simon Cai - Chief Financial Officer Conference Call Participants Eddy Wang - Morgan Stanley Jiulu Li - CICC Charlie Chen - China Renaissance Bruce Mi - UBS Brian Gong - Citigroup Operator Ladies and gentlemen, good day, and welcome to Full Truck Alliance's First Quarter 2024 Earnings Conference Cal ...

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. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.10, delivering a surprise of 11.11%.Over the last f ...

GUIYANG, China, May 21, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Highlights Total net revenues in the first quarter of 2024 were RMB2,268.7 million (US$314.2 million), an increase of 33.3% from RMB1,702.3 million in the same period of 2023. Net income in the first quarter of 2024 was RMB586. ...

Earnings Call Scheduled for 8:00 A.M. U.S. ET on May 21, 2024 GUIYANG, China, April 26, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced that it will release its first quarter 2024 unaudited financial results on Tuesday, May 21, 2024, before the open of the U.S. markets.The Company's management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on May 21, 2024 or 8:00 P.M. Beijing Time to discuss the ...