ZTO Express (Cayman) Inc expected to post earnings of CNY3.20 a share - Earnings Preview

ZTO Express (Cayman)

16/08/2024 21:07

* ZTO Express (Cayman) Inc  2057.HK   is expected to show a
rise
in quarterly revenue when it reports  results on August 20 for
the period ending June 30 2024
    * The Shanghai-based  company is expected to report a
11.5% increase in revenue to CNY10.859 billion from CNY9.74
billion a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for ZTO Express (Cayman) Inc
is
for earnings of CNY3.20 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 15 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ZTO Express
(Cayman) Inc is HK$237.00​, above​ its last closing price
of HK$153.90. ​​​

This summary was machine generated August 16 at 20:07 GMT.  All
figures in Chinese yuan renminbi unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)