Full Truck Alliance (YMM) Set to Announce Earnings on Monday

Full Truck Alliance (NYSE:YMM) is scheduled to release its earnings data before the market opens on Monday, November 20th. Analysts expect Full Truck Alliance to post earnings of $0.08 per share for the quarter. Full Truck Alliance has set its Q3 2023 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Full Truck Alliance (NYSE:YMM) last released its quarterly earnings data on Wednesday, August 23rd. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. The company had revenue of $284.37 million for the quarter, compared to analyst estimates of $273.30 million. Full Truck Alliance had a return on equity of 4.88% and a net margin of 21.26%. On average, analysts expect Full Truck Alliance to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Full Truck Alliance Stock Up 1.3 %

Shares of NYSE YMM opened at $7.01 on Friday. The firm has a market capitalization of $7.75 billion, a P/E ratio of 31.87 and a beta of 0.21. The stock’s 50-day simple moving average is $6.96 and its two-hundred day simple moving average is $6.71. Full Truck Alliance has a twelve month low of $5.41 and a twelve month high of $10.18.

Hedge Funds Weigh In On Full Truck Alliance

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Franklin Resources Inc. boosted its holdings in shares of Full Truck Alliance by 1.6% in the 2nd quarter. Franklin Resources Inc. now owns 114,801 shares of the company’s stock worth $714,000 after purchasing an additional 1,815 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in Full Truck Alliance by 23.7% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 13,117 shares of the company’s stock valued at $119,000 after acquiring an additional 2,514 shares during the period. Advisors Asset Management Inc. boosted its holdings in Full Truck Alliance by 88.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 8,116 shares of the company’s stock valued at $57,000 after acquiring an additional 3,811 shares during the period. Royal Bank of Canada purchased a new stake in Full Truck Alliance during the 3rd quarter valued at about $30,000. Finally, Bank of New York Mellon Corp boosted its holdings in Full Truck Alliance by 6.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 83,058 shares of the company’s stock valued at $517,000 after acquiring an additional 4,711 shares during the period. 39.02% of the stock is currently owned by hedge funds and other institutional investors.

Full Truck Alliance Company Profile

Full Truck Alliance Co Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China. The company offers freight listing, matching, and brokerage services; and online transaction services, as well as various value-added services, such as credit solutions, insurance brokerage, software solutions, electronic toll collection, and energy services.