PDD Holdings Inc. Sponsored ADR (PDD) Q4 Earnings Top Estimates

Core Viewpoint - PDD Holdings Inc. reported quarterly earnings of $2.76 per share, exceeding the Zacks Consensus Estimate of$ 2.56 per share, and showing an increase from $2.40 per share a year ago, indicating a 7.81% earnings surprise [1] Financial Performance - The company posted revenues of$ 15.15 billion for the quarter ended December 2024, which was 3.34% below the Zacks Consensus Estimate, compared to $12.52 billion in the same quarter last year [2] - Over the last four quarters, PDD has surpassed consensus EPS estimates three times, but has only topped revenue estimates once [2] Stock Performance - PDD Holdings Inc. shares have increased approximately 29.8% since the beginning of the year, contrasting with a -3.5% decline in the S&P 500 [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at$ 2.83 for the coming quarter and $12.21 for the current fiscal year, with revenues expected to be$ 15.16 billion and $65.75 billion respectively [7] - The estimate revisions trend for PDD is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Internet - Commerce industry, to which PDD belongs, is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]