Dingdong (Cayman) First Quarter 2024 Earnings: EPS: CN¥0.046 (vs CN¥0.26 loss in 1Q 2023)

Dingdong (Cayman) (NYSE:DDL) First Quarter 2024 Results

Key Financial Results

• Revenue: CN¥5.02b (flat on 1Q 2023).
• Net income: CN¥10.0m (up from CN¥55.9m loss in 1Q 2023).
• Profit margin: 0.2% (up from net loss in 1Q 2023).
• EPS: CN¥0.046 (up from CN¥0.26 loss in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dingdong (Cayman) Earnings Insights

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Retailing industry in the US.

Performance of the American Consumer Retailing industry.

The company's shares are up 18% from a week ago.

Risk Analysis

Be aware that Dingdong (Cayman) is showing 1 warning sign in our investment analysis that you should know about...

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