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ZTO Express Cayman Inc. (ZTO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
It ruled the investors did not sufficiently allege ZTO misled them. [5] [6] [7] In May 2018, Alibaba and Cainiao bought 10% of ZTO for US$1.38 billion in an effort to expand their logistics network. ZTO share prices surged 14% as a result. [8] In September 2020, ZTO held a secondary listing on the SEHK raising US$1.27 billion. [9]
ZTO Express' (ZTO) third-quarter 2022 earnings and revenues improved year over year despite the Omicron-induced woes. Higher revenues at the express delivery services unit drove performance.
Expanded parcel volume boosts ZTO Express' (ZTO) Q3 results. The company's fourth-quarter outlook is also encouraging. ZTO Express (ZTO) Q3 Earnings Surpass Estimates, Rise Y/Y
Strong Express delivery services revenues, courtesy of robust growth in parcel volumes, aid ZTO Express' (ZTO) Q3 results.
ZTO Express Cayman Inc. (ZTO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The stock of ZTO Express (Cayman) (NYSE:ZTO, 30-year Financials) gives every indication of being fairly valued, according to GuruFocus Value calculation.
Lower parcel volumes due to the coronavirus-induced supply-chain disruptions might have hurt ZTO Express' (ZTO) Q1 earnings performance.
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