These Analysts Slash Their Forecasts On PDD Holdings Following Q3 Results
These Analysts Slash Their Forecasts On PDD Holdings Following Q3 Results
Adjusted operating profit grew by 48% Y/Y to $3.81 billion. PDD Holdings held $44.0 billion in cash and equivalents as of September 30, 2024. The company generated $3.92 billion in operating cash flow.PDD Holdings Inc (NASDAQ:PDD) reported downbeat earnings for its fiscal third quarter 2024 on Thursday.
pdd holdings公司（纳斯达克：PDD）周四报告称，其2024财年第三季度的盈利表现不佳。
The company posted revenue growth of 44% year-on-year to $14.16 billion (68.84 billion Chinese yuan), missing the analyst consensus estimate of $14.47 billion. The Chinese online retailer's adjusted earnings per ADS of $2.65 (18.59 Chinese yuan) increased from 11.61 Chinese yuan Y/Y, missing the analyst consensus estimate of $2.82. The stock plunged after the print.
该公司实现了44%的营业收入同比增长，达到141.6亿（688.4亿人民币），低于分析师共识预期的144.7亿。该中国在线零售商每个ADS调整后的收益为2.65美元（18.59人民币），较去年同期的11.61人民币增长，低于分析师共识预期的2.82美元。股价在发布后大幅下跌。
Revenues from online marketing services and others rose 24% Y/Y to $7.03 billion. Revenues from transaction services jumped 72% Y/Y to $7.13 billion.
在线营销服务及其他收入同比增长24%，达到70.3亿。交易服务收入同比激增72%，达到71.3亿。
Adjusted operating profit grew by 48% Y/Y to $3.81 billion. PDD Holdings held $44.0 billion in cash and equivalents as of September 30, 2024. The company generated $3.92 billion in operating cash flow.
调整后的营业利润同比增长48%，达到38.1亿。pdd holdings截至2024年9月30日持有现金及现金等价物440亿。该公司产生的营业现金流为39.2亿。
"Over the past quarter, our focus remained on driving the high-quality development of the platforms," said Mr. Lei Chen, Chairman and Co-Chief Executive Officer of PDD Holdings. "We are committed to investing consistently and patiently in our platform ecosystem to deliver impactful results over the long run."
“在过去的一个季度里，我们的重点仍然是推动平台的高质量发展，”pdd holdings的董事长兼联合首席执行官雷晨说道。“我们致力于在我们的平台生态系统中持续和耐心地投资，以便在长期内实现有影响力的成果。”
PDD shares fell 4.8% to trade at $99.06 on Friday.
pdd的股价在周五下跌4.8%，交易价格为99.06美元。
These analysts made changes to their price targets on PDD following earnings announcement.
这些分析师在PDD发布财报后对其价格目标进行了调整。
JP Morgan analyst Andre Chang downgraded PDD Holdings from Overweight to Neutral and lowered the price target from $170 to $105.
Benchmark analyst Fawne Jiang maintained PDD Holdings with a Buy and cut the price target from $185 to $160.
Jefferies analyst Thomas Chong, on Thursday, maintained PDD with a Buy and lowered the price target from $181 to $171.
摩根大通分析师Andre Chang将pdd holdings的评级从“增持”下调至“中立”，并将目标价格从170美元下调至105美元。
基准分析师Fawne jiang对pdd holdings维持买入评级，并将目标股价从185美元下调至160美元。
Jefferies分析师Thomas Chong在周四维持对pdd的买入评级，并将目标股价从181美元下调至171美元。
Considering buying PDD stock? Here's what analysts think:
考虑买入pdd股票？这是分析师的看法：
