Benzinga | Nov 25, 2021 02:20PM EST

Earnings Preview: Pinduoduo

Pinduoduo (NASDAQ:PDD) is set to give its latest quarterly earnings report on Friday, 2021-11-26. Here's what investors need to know before the announcement.

Analysts estimate that Pinduoduo will likely report an Earnings Per Share (EPS) of $0.02.

Pinduoduo bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.59, which was followed by a 1.29% drop in the share price the next day.

Here's a look at Pinduoduo's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate -0.15 -0.42 0.01 -0.17EPS Actual 0.44 -0.23 -0.02 0.05Price Change % -1.29% -3.16% -5.11% 12.73%

Stock Performance

Shares of Pinduoduo were trading at $79.27 as of November 23. Over the last 52-week period, shares are down 43.52%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.