ZTO Express (Cayman) Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

ZTO Express (Cayman) (NYSE:ZTO) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥44.3b (up 15% from FY 2023).
• Net income: CN¥8.82b (flat on FY 2023).
• Profit margin: 20% (down from 23% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥10.95 (up from CN¥10.83 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

ZTO Express (Cayman) Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 4.6%.

Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Logistics industry in the US.

Performance of the American Logistics industry.

The company's shares are up 13% from a week ago.

Valuation

Following the latest earnings results, ZTO Express (Cayman) may be undervalued based on 6 different valuation benchmarks we assess. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.

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