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Pinduoduo Q1 Adj. EPS $(0.390) Misses $(0.270) Estimate, Sales $923.800M Beat $704.200M Estimate

Pinduoduo (NASDAQ:PDD) reported quarterly losses of $(0.390) per share which missed the analyst consensus estimate of $(0.270) by 44.44 percent. This is a 95 percent decrease over losses of $(0.200) per share from the

Benzinga · 05/22/2020 10:30

Pinduoduo (NASDAQ:PDD) reported quarterly losses of $(0.390) per share which missed the analyst consensus estimate of $(0.270) by 44.44 percent. This is a 95 percent decrease over losses of $(0.200) per share from the same period last year. The company reported quarterly sales of $923.800 million which beat the analyst consensus estimate of $704.200 million by 31.18 percent. This is a 36.40 percent increase over sales of $677.256 million the same period last year.