ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A. (ZTO) said after close Monday that it earned $0.33 per share in quarter three 2022. The company reported earnings on an adjusted basis, so it may not be directly comparable to analyst estimates or prior periods.
On the revenue line, the company reported $1.3 billion, beating estimates by $168 million.
In the same quarter a year ago, the company earned $0.22 per share on revenue of $1.1 billion.
The stock is up 3.39% to $22.25 after the report.
ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A.'s earnings expanded faster than revenues, signaling widening profit margins.
The average recommendation from Wall Street analysts was a Strong Buy which may get revised based on this new data.
InvestorsObserver gives the stock a Bearish Sentiment score at the moment based on recent trading.
ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A. has performed a little below average during the past few months. Before the report, ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A. received a Long-Term Technical Rank by InvestorsObserver of 34, putting it in the bottom half of stocks. The firm was recently trading at a 52-week low of $16.27 on October 31, 2022 and set a 52-week high on November 22, 2021 at $32.87.
ZTO Express (Cayman) Inc is a comprehensive logistics service enterprise with express delivery as its core business and integrating cross-border, express, commercial, cloud warehouse, aviation, finance, intelligence, media, and other ecological sectors.
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ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A. Up 3.39% To $22.25 After Earnings Beat
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