FMP
May 22, 2024 12:48 PM - Davit Kirakosyan
PDD Holdings (NASDAQ:PDD) shares surged more than 6% in pre-market today after the company reported fiscal Q1 earnings and revenue that exceeded analyst expectations.
The Chinese online retailer announced quarterly earnings per share (EPS) of RMB20.72, well above the Street estimate of RMB10.35. The quarter's revenue was RMB86.81 billion, surpassing the consensus projection of RMB75.17 billion.
Revenue from online marketing services and others reached RMB42.46 billion, exceeding the expected RMB37.65 billion. Transaction services revenue amounted to RMB44.36 billion, higher than the estimated RMB38.07 billion.
Chairman and co-CEO Lei Chen emphasized the company's dedication to providing a reliable shopping experience for global users and its focus on long-term growth through investments that benefit communities sustainably.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...