ZTO Express (Cayman) Inc. (NYSE:ZTO) provider of express delivery and logistics services, is reporting third quarter earnings results on Wednesday 18th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.23 per share.
For the full year, analysts predict revenues of $ 3762.46 million, while looking forward to income of $ 0.95 per share.
Previous Quarter Performance
ZTO Express (Cayman) Inc. came out with income for the second quarter of $ 0.26 per share, from the revenue of $ 906.20 million. The quarterly earnings grew 4.00 percent while revenues grew 16.93 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.27 per share from $ 903.00 million in revenue. The bottom line results missed street analysts by $ 0.01 or 3.7 percent, at the same time, top line results outshined analysts by $ 3.20 million or 0.35 percent.
Stock Performance
Shares of ZTO Express (Cayman) Inc. traded low $ -0.18 or -0.53 percent on Tuesday, reaching $ 33.07 with volume of 1.42 million shares. ZTO Express (Cayman) Inc. has traded high as $ 33.32 and has cracked $ 32.11 on the downward trend
According to the previous trading day, closing price of $ 33.07, representing a 64.07 % increase from the 52 week low of $ 20.26 and a 14.75 % decrease over the 52 week high of $ 38.99.
The company has a market capital of $ 3.65 billion and is part of the Industrials sector and Integrated Shipping & Logistics industry.
Conference Call
ZTO Express (Cayman) Inc. will be hosting a conference call at 8:00 PM eastern time on 18th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-888-317-6003 (United States) or 1-412-317-6061 Outside U.S., with passcode : 2473190 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.zto.cn
ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the Peoples Republic of China. The company offers delivery services for e-commerce and traditional merchants, and other express service users.