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YMM Earnings Report this Week: Is It a Buy, Ahead of Earnings?

Full Truck Alliance Co. Ltd. (YMM) is scheduled to report 1st quarter earnings on 05/22/2023, before the market opens.

Regarding Q1 estimates, Wall Street analysts expect Full Truck Alliance Co. Ltd. to post earnings of CNH0.33 per share. Revenue expectations are pegged at CNH1.6 billion. Last quarter, Full Truck Alliance Co. Ltd. beat earnings estimates, reporting EPS of CNH0.42 on estimates of CNH0.23. The stock fell by -4.17% the day after the last earnings release.

Year-to-date, YMM stock has fallen by -33.18%.

Is Full Truck Alliance Co. Ltd. Stock a Buy?

Wall Street’s consensus rating for YMM stock is a Moderate Buy, with an average analyst price target of $9.60, implying upside potential of 63.82% from current levels.

YMM shares have lost about -12.67% in the past six months.

About Full Truck Alliance Co. Ltd.

Full Truck Alliance Co Ltd, through its subsidiaries, provides comprehensive services for shippers and truckers through its mobile and website platforms. Its principal operations are in the People’s Republic of China. The group derives its revenues principally from shippers’ and truckers’ use of its platforms in connection with freight matching services and value-added services.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

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