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Pinduoduo Q1 Adj. EPS $0.47 Beats $0.25 Estimate, Sales $3.75B Beat $3.05B Estimate

Benzinga Real-time News ·  May 27, 2022 18:35

Pinduoduo (NASDAQ:PDD) reported quarterly earnings of $0.47 per share which beat the analyst consensus estimate of $0.25 by 88 percent. This is a 304.35 percent increase over losses of $(0.23) per share from the same period last year. The company reported quarterly sales of $3.75 billion which beat the analyst consensus estimate of $3.05 billion by 23.05 percent. This is a 10.94 percent increase over sales of $3.38 billion the same period last year.

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