Pinduoduo (PDD) to Report Q4 Earnings: What's in the Offing?

Pinduoduo Inc. (PDD) is scheduled to report fourth-quarter 2023 results on Mar 20.For the fourth quarter, the Zacks Consensus Estimate for sales is pegged at $11.99 billion, indicating growth of 107.6% from the prior-year quarter’s reported figure.The consensus mark for earnings per share is pinned at $1.62, suggesting growth of 33.9% from the year-ago quarter’s reported number.Pinduoduo’s earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 26.5%.Factors ...