Dingdong (Cayman) (NYSE:DDL) Issues Earnings Results, Beats Expectations By $0.02 EPS

Dingdong (Cayman) (NYSE:DDL) posted its quarterly earnings data on Thursday. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.02, Zacks reports. Dingdong (Cayman) had a return on equity of 40.86% and a net margin of 0.90%.

Dingdong (Cayman) Price Performance

DDL traded up $0.47 on Thursday, hitting $3.61. 1,485,708 shares of the stock were exchanged, compared to its average volume of 623,445. Dingdong has a 12 month low of $1.08 and a 12 month high of $4.79. The firm has a market capitalization of $851.60 million, a price-to-earnings ratio of 39.94 and a beta of 0.45. The business has a 50-day moving average of $3.39 and a two-hundred day moving average of $3.41.

About Dingdong (Cayman)

Dingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh groceries, including vegetables, meat and eggs, fruits, and seafood; prepared food, and other food products, such as baked goods, dairy, seasonings, beverages, instant food, oil, and snacks. It offers its products through traditional offline, as well as online channels through Dingdong Fresh app, mini-programs, and third-party platforms.