ZTO Express (ZTO) Tops Q3 EPS by 2c, Revenues Miss
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ZTO Reports Third Quarter 2019 Unaudited Financial Results
November 18, 2019 5:00 PM EST3.1 Billion Parcels to Expand Market Share 2.3 pts to 18.9%Adjusted Net Income Increased 24.6% to Reach RMB1.32 Billion
SHANGHAI, Nov. 18, 2019 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the third quarter ended September 30, 2019[1].  The Company beat market expectations by generating parcel volume growth of 45.9%, or 18.4 percentage points faster than the industry average. Market share by parcel volume expanded to 18.9% during the third quarter of 2019. Adjusted net income... More
