Pinduoduo (NASDAQ:PDD) reported its Q1 earnings results on Friday, May 27, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Pinduoduo beat estimated earnings by 88.0%, reporting an EPS of $0.47 versus an estimate of $0.25.
Revenue was up $370.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.57 which was followed by a 18.85% increase in the share price the next day.
Here's a look at Pinduoduo's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.35 | 0.02 | -0.15 | -0.42 |
| EPS Actual | 0.92 | 0.34 | 0.44 | -0.23 |
| Revenue Estimate | 4.76B | 4.16B | 4.20B | 3.15B |
| Revenue Actual | 4.27B | 3.34B | 3.57B | 3.38B |
To track all earnings releases for Pinduoduo visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.