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PDD Holdings Shares Drop After Earnings Miss Despite Double-Digit Revenue Growth (PDD)
Key takeaways
- PDD Holdings Shares Drop After Earnings Miss Despite Double-Digit Revenue Growth (PDD) Fiona Craig Wed, May 27, 2026 at 7:05 PM GMT+7 2 min read chart53 ©Shutterstock PDD Holdings Inc.
- The e-commerce group posted adjusted earnings per ADS of RMB9.51 ($1.38), well below analyst consensus estimates of RMB16.77.
- Quarterly revenue totaled RMB106.2 billion ($15.4 billion), missing analyst expectations of RMB109.82 billion, although still representing year-over-year growth of 11% from RMB95.7 billion in the same period last year.
PDD Holdings Shares Drop After Earnings Miss Despite Double-Digit Revenue Growth (PDD) Fiona Craig Wed, May 27, 2026 at 7:05 PM GMT+7 2 min read chart53 ©Shutterstock PDD Holdings Inc. (NASDAQ:PDD) reported first-quarter results that came in below Wall Street expectations, sending the company’s shares down more than 5% in premarket trading despite continued revenue growth.
The e-commerce group posted adjusted earnings per ADS of RMB9.51 ($1.38), well below analyst consensus estimates of RMB16.77.
Shares of PDD Holdings declined 5.13% in premarket trading following the earnings release.
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