ZTO Reports Third Quarter 2019 Unaudited Financial Results
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ZTO Express (ZTO) Tops Q3 EPS by 2c, Revenues Miss
November 18, 2019 5:03 PM ESTZTO Express (NYSE: ZTO) reported Q3 EPS of $0.24, $0.02 better than the analyst estimate of $0.22. Revenue for the quarter came in at $736.7 million versus the consensus estimate of $756.63 million.
Third Quarter 2019 Financial Highlights
Revenues were RMB5,265.8 million (US$736.7 million), an increase of 24.4% from RMB4,234.6 million in the same period of 2018Gross profit was RMB1,596.9 million (US$223.4 million), an increase of 20.5% from RMB1,325.3 million in the same period of 2018Net income was RMB 1,307.7 million (US$183.0 million), an increase of 23.4% from RMB 1,059.4 million in the same period of 2018Adjusted EBITDA[2] was... More