ZTO Express beats bottom-line estimates; reaffirms FY24 outlook

seekingalpha08-21

ZTO Express press release (NYSE:ZTO): Q2 Non-GAAP EPADS of $0.47 beats by $0.04. Revenue of $1.48B (+10.1% Y/Y) in-line. Adjusted EBITDA was $597.2 million, an increase of 11.7% from the same period ...

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Adjusted EBITDA was $597.2 million, an increase of 11.7% from the same period ...</p>\n\n<a href=\"https://seekingalpha.com/news/4142147-zto-express-beats-bottom-line-estimates-reaffirms-fy24-outlook\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ZTO Express beats bottom-line estimates; reaffirms FY24 outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZTO Express beats bottom-line estimates; reaffirms FY24 outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-21 12:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4142147-zto-express-beats-bottom-line-estimates-reaffirms-fy24-outlook><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZTO Express press release (NYSE:ZTO): Q2 Non-GAAP EPADS of $0.47  beats by $0.04. Revenue of $1.48B (+10.1% Y/Y) in-line. Adjusted EBITDA was $597.2 million, an increase of 11.7% from the same period ...</p>\n\n<a href=\"https://seekingalpha.com/news/4142147-zto-express-beats-bottom-line-estimates-reaffirms-fy24-outlook\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://seekingalpha.com/news/4142147-zto-express-beats-bottom-line-estimates-reaffirms-fy24-outlook","article_id":"2461089348","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2461089348","pubTimestamp":1724215164,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"ZTO Express press release (NYSE:ZTO): Q2 Non-GAAP EPADS of $0.47  beats by $0.04. Revenue of $1.48B (+10.1% Y/Y) in-line. 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Revenue of $1.48B (+10.1% Y/Y) in-line. Adjusted EBITDA was $597.2 million, an increase of 11.7% from the same period of 2023. Parcel volume was 8,452 million, an increase of 10.1% from 7,677 million in the same period of 2023.  Number of pickup/delivery outlets was over 31,000 as of June 30, 2024. Number of direct network partners was over 6,000 as of June 30, 2024. Number of self-owned line-haul vehicles was approximately 10,000 as of June 30, 2024. Out of the approximately 10,000 self-owned trucks, over 9,200 were high capacity 15 to 17-meter-long models as of June 30, 2024, compared to over 9,300 as of June 30, 2023. Number of line-haul routes between sorting hubs was over 3,800 as of June 30, 2024, compared to approximately 3,800 as of June 30, 2023. Number of sorting hubs was 96 as of June 30, 2024, among which 90 are operated by the company and 6 by the company's network partners.  Business Outlook Based on current market and operating conditions, the Company maintains its previously stated annual guidance. 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