ZTO Express (Cayman) Inc reports results for the quarter ended December 31 - Earnings Summary

• ZTO Express (Cayman) Inc ZTO.N reported quarterly adjusted earnings of CNY2.90​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of CNY2.66. The mean expectation of four analysts for the quarter was for earnings of CNY3.33 per share. Wall Street expected results to range from CNY3.30 to CNY3.34 per share.

• Revenue rose 21.7% to CNY12.92 billion from a year ago; analysts expected CNY11.76 billion.

• ZTO Express (Cayman) Inc's reported EPS for the quarter was CNY2.90​.

• The company reported quarterly net income of CNY2.53 billion.

• ZTO Express (Cayman) Inc shares had risen by 11.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.4% 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 18 "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 $27.00

This summary was machine generated from LSEG data March 20 at 06:12 a.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)