Will ZTO Express (Cayman) Inc. ($ZTO) Beat Analysts View?

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ZTO Express (Cayman) Inc. (NYSE:ZTO) is reporting second quarter financial results on Wednesday 12th August 2020, after market close.

According to analysts surveyed by Thomson Reuters, ZTO is expected to report 2Q20 income of $ 0.27 per share from revenue of $ 903.00 million.

For the full year, analysts anticipate top line of $ 3623.07 million, while looking forward to income of $ 1.02 per share bottom line.

Previous Quarter Performance

ZTO Express (Cayman) Inc. posted income for the first quarter of $ 0.12 per share, from the revenue of $ 553.03 million. The quarterly earnings fell 29.41 percent while revenues contracted 16.79 percent compared with the same quarter last year.
Wall street analysts are predicting, ZTO to report 1Q20 income of $ 0.16 per share from revenue of $ 644.07 million. The bottom line results missed street analysts by $ 0.04 or 25 percent, at the same time, top line results fell short of analysts by $ 91.04 million or 14.14 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of ZTO Express (Cayman) Inc.

Stock Performance

According to the previous trading day, closing price of ZTO was $ 36.16, representing a 93.27 % increase from the 52 week low of $ 18.71 and a 7.26 % decrease over the 52 week high of $ 38.99.

The company has a market capital of $ 28.35 billion and is part of the Industrials sector and Integrated Shipping & Logistics industry.

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Conference Call

ZTO Express (Cayman) Inc. will be hosting a conference call at 9:00 PM eastern time on 12th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.zto.cn

ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the Peoples Republic of China. The company offers delivery services for e-commerce and traditional merchants, and other express service users.