Top Wall Street Forecasters Revamp PDD Expectations Ahead Of Q2 Earnings

PDD Holdings Inc. (NASDAQ: PDD ) will release its second quarter earnings report before the opening bell on Monday, Aug. 24. Analysts expect the company to report quarterly earnings of $2.77 per share on revenue of $17.13 billion, according to Benzinga Pro. On May 27, PDD Holdings reported a year-over-year decrease in first-quarter adjusted EPS results. Shares of PDD Holdings fell 0.8% to close at $89.52 on Thursday. BNP Paribas analyst Colin Liu initiated coverage on the stock with an Underperform rating.