Full Truck Alliance (NYSE: YMM) Third Quarter 2022 Results.
main financial results
Revenue: CN¥1.81 billion (up 46% from Q3 2021).
Net Income: CN¥393.5 million (compared to CN¥178.4 million loss in 3Q 2021).
Profit margin: 22% (higher than net loss in 3Q 2021).
EPS: CN¥0.37 (compared to CN¥0.17 loss in 3Q 2021).
profit and sales growth
All figures in the chart above are for the last 12 months (TTM) period
Full Truck Alliance sales and profits exceed expectations
Revenue beat analyst estimates by 6.7%. Earnings per share (EPS) also beat analyst estimates.
Looking ahead, revenue is expected to grow at an average annual rate of 39% over the next 3 years, compared to a 5.1% growth forecast for the US transportation sector.
Display of American transportation industry.
The company’s share price is largely unchanged from a week ago.
should learn about 2 warning signs We have seen that with the Full Truck Alliance.
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