Dingdong (Cayman) Limited (NYSE: DDL) has set the date for the release of its third quarter financial results on Wednesday 6th November 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
As per the projections made by financial experts on Wall Street, the business is expected to disclose a quarterly revenue of $692.84 million.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.02. This numbers can be credited to the company's total revenue, which amounted to an impressive $704.45 million during the same quarter.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $3.08 billion. At the same time, they are expecting the company to achieve per share profit of $0.14 for the fiscal year ahead.
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DDL has scheduled a conference call on 6th November 2024 at 07:00 AM eastern time to discuss the third quarter financial results and other related information.
During Friday's trading, Dingdong (Cayman) Limited (DDL) shares reached a low of $3.70 and a high of $4.02, along with a total volume of 996.80 thousand shares. The stock ended the regular trading session at $3.72, demonstrating downfall of 7 percent.