ZTO Express (ZTO) Releases Earnings Results, Beats Expectations By $0.04 EPS

ZTO Express (ZTO) announced its most recent quarterly financial results on Monday, Nov-28-2016. ZTO said it had a profit of $0.78 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $0.74. The company posted revenue of $2353.07 million in the period, compared to analysts expectations of $2285.37 million. ZTO’s revenue was up 66.6% compared to the same quarter last year.

Many Wall Street Analysts have commented on ZTO Express. ZTO Express was Initiated by JP Morgan to “Overweight” on Nov 23, 2016. ZTO Express was Initiated by Goldman to “Buy” on Nov 21, 2016. ZTO Express was Initiated by Morgan Stanley to “Overweight” on Nov 21, 2016.

ZTO Express

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