Benzinga | Mar 17, 2021 06:42AM EDT

Pinduoduo Q4 EPS $(0.02) Misses $0.01 Estimate, Sales $4.07B Beat $2.96B Estimate

Pinduoduo (NASDAQ:PDD) reported quarterly losses of $(0.02) per share which missed the analyst consensus estimate of $0.01 by 300 percent. This is a 83.33 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $4.07 billion which beat the analyst consensus estimate of $2.96 billion by 37.45 percent. This is a 162.49 percent increase over sales of $1.55 billion the same period last year.