ZTO Express (Cayman) Q1 Adjusted Earnings Per ADS $0.37 Beats $0.33 Estimate, Sales $1.38B Beat $1.29B Estimate
Portfolio Pulse from Benzinga Newsdesk
ZTO Express (Cayman) reported Q1 adjusted earnings per ADS of $0.37, beating the estimate of $0.33. Sales were $1.38 billion, surpassing the $1.29 billion estimate.
May 15, 2024 | 10:05 pm
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ZTO Express (Cayman) reported better-than-expected Q1 earnings and sales, with adjusted earnings per ADS of $0.37 beating the $0.33 estimate and sales of $1.38 billion surpassing the $1.29 billion estimate.
The better-than-expected earnings and sales figures are likely to positively impact ZTO's stock price in the short term as they indicate strong financial performance.
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IMPORTANCE 90
RELEVANCE 100