To The Moon

• PDD Holdings Inc PDD.OQ reported quarterly adjusted earnings of CNY17.69​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of CNY20.15. The mean expectation of fifteen analysts for the quarter was for earnings of CNY20.76 per share. Wall Street expected results to range from CNY18.34 to CNY24.16 per share.

• Revenue rose 12% to CNY123.91 billion from a year ago; analysts expected CNY124.43 billion.

• PDD Holdings Inc's reported EPS for the quarter was CNY16.51​.

• The company reported quarterly net income of CNY24.54 billion.

• PDD Holdings Inc shares had fallen by 13.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 28 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"

• Wall Street's median 12-month price target for PDD Holdings Inc is $147.00, about 33.3% above its last closing price of $98.09

This summary was machine generated from LSEG data March 25 at 02:16 p.m. UTC. ​All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)