Dingdong (DDL) Misses Q1 EPS by 72c, raises guidance

Dingdong (NYSE: DDL) reported Q1 EPS of RMB0.12, RMB0.72 worse than the analyst estimate of RMB0.84. Revenue for the quarter came in at RMB5 million.

Guidance

The Company has raised its expectations for both net profit and scale, and is anticipating considerable year-over-year growth for the second quarter and this year. The Company is looking to achieve both non-GAAP and GAAP profits in the second quarter and for the entire year of 2024.

For earnings history and earnings-related data on Dingdong (DDL) click here.

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