ZTO Express (Cayman) Inc reports results for the quarter ended September 30 - Earnings Summary
ZTO Express (Cayman) Inc ZTO.N reported quarterly adjusted earnings of CNY2.90 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of CNY2.84. The mean expectation of five analysts for the quarter was for earnings of CNY2.84 per share. Wall Street expected results to range from CNY2.79 to CNY2.88 per share.
Revenue rose 17.6% to CNY10.68 billion from a year ago; analysts expected CNY10.39 billion.
ZTO Express (Cayman) Inc's reported EPS for the quarter was CNY2.90.
The company reported quarterly net income of CNY2.4 billion.
ZTO Express (Cayman) Inc shares had fallen by 16.0% this quarter and lost 2.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.2% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is also "buy"
Wall Street's median 12-month price target for ZTO Express (Cayman) Inc is $29.00
This summary was machine generated from LSEG data November 19 at 11:28 p.m. UTC. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 2.84 | 2.90 | Beat |
Jun. 30 2024 | 3.24 | 4.31 | Beat |
Mar. 31 2024 | 2.41 | 1.75 | Missed |
Dec. 31 2023 | 2.63 | 2.66 | Beat |
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