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PDD Holdings Inc. Sponsored ADR (PDD) came out with quarterly earnings of $1.56 per share, missing the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.83 per share a year ago.
PDD Holdings Inc. (NASDAQ:PDD ) Q1 2025 - Earnings Conference Call May 27, 2025 7:30 AM ET Company Participants Lei Chen - Chairman & Co-CEO Jiazhen Zhao - Executive Director & Co-CEO Jun Liu - VP, Finance Conference Call Participants Alicia Yap - Citigroup Kenneth Fong - UBS Joyce Ju - Bank of America Operator Ladies and gentlemen, thank you for standing by, and welcome to PDD Holdings, Inc. First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
U.S. stock futures were higher this morning, with the Dow futures gaining more than 500 points on Tuesday.
PDD Holdings tumbled more than 15% Tuesday after the Temu parent's results significantly missed estimates.
PDD Holdings' bargain-shopping app Temu reported sharply lower profit as tariff barriers threatened its business and increased merchant support weighed on its bottom line.
The company is in the crosshairs of President Donald Trump's tariffs on imports, particularly from China, which specializes in producing goods at low cost.
Chinese e-commerce company PDD Holdings missed Wall Street estimates for first-quarter revenue on Tuesday, as its domestic platform Pinduoduo suffered from weak consumer sentiment while its international business Temu was hit by uncertain global trade policies.
DUBLIN and SHANGHAI, May 27, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the first quarter ended March 31, 2025.
PDD Holdings Inc. PDD will release its first-quarter earnings results before the opening bell on Tuesday, May 27.
PDD's strategic investments create near-term volatility despite long-term potential. Hold current positions while new investors await clearer signals from Q1 results.