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Dada Nexus Ltd. (DADA)
NASDAQ:DADA
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Earnings Data
Report Date
Mar 11, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.14Last Year’s EPS
-$0.15Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2024
|% Change Since: -14.01%
|Next Earnings Date:Mar 11, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong growth in user engagement and revenue for Dada's platforms, particularly JD NOW and Dada NOW, with significant improvements in operational efficiency and store expansion. However, there were challenges in JD NOW revenue due to decreased advertising and increased administrative costs.Company Guidance
During Dada's third quarter 2024 earnings call, CFO Henry Jun Mao highlighted several key metrics indicating the company's robust growth trajectory. JD NOW experienced over 100% year-on-year growth in both monthly transacting users and orders via the JD App, demonstrating strong user engagement and increased penetration among JD users. Dada NOW reported a 46% year-on-year growth in net revenues for the first nine months of the year, reaching RMB 1.5 billion in the third quarter alone, fueled by enhanced partnerships with chain merchants. The company's total net revenues for the quarter amounted to RMB 2.4 billion. Despite a non-GAAP net loss of RMB 59 million, the loss margin improved by 3.7 percentage points sequentially, thanks to better cost efficiency and optimized consumer subsidy strategies. Additionally, the average fulfillment time for JD NOW orders decreased by over 20% year-over-year, reflecting improvements in delivery efficiency. The call underscored Dada's focus on high-quality growth, user experience, and the synergies between its retail and delivery platforms to drive sustainable long-term expansion.JD NOW User Growth
Year-on-year growth in monthly transacting users and orders through the JD App increased by over 100% this quarter. High-frequency users through the JD App more than doubled.
Dada NOW Revenue Increase
Net revenues from Dada NOW increased by 39% year-on-year to RMB 1.5 billion, driven by strengthened partnerships with chain merchants and enhanced delivery service quality.
Enhanced Fulfillment Efficiency
The average fulfillment time for JD NOW orders was shortened by more than 20% year-over-year, improving delivery efficiency.
Store Expansion
The number of operating stores increased by over 70% year-over-year to more than 600,000 stores, expanding product offerings.
Improved Net Loss Margin
Non-GAAP net loss ratio was 2.4%, narrowing by 3.7 percentage points compared to the previous quarter, due to improved cost efficiency.
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DADA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DADA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $1.57 | $1.37 | -12.74% |
| Aug 20, 2024 | $1.32 | $1.31 | -0.76% |
| May 15, 2024 | $2.01 | $1.82 | -9.45% |
| Mar 25, 2024 | $2.53 | $2.12 | -16.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Dada Nexus Ltd. (DADA) report earnings?
Dada Nexus Ltd. (DADA) is schdueled to report earning on Mar 11, 2025, TBA Not Confirmed.
What is Dada Nexus Ltd. (DADA) earnings time?
Dada Nexus Ltd. (DADA) earnings time is at Mar 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DADA EPS forecast?
DADA EPS forecast for the fiscal quarter 2024 (Q4) is -$0.14.
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