Stock Analysis

ZTO Express (Cayman) Third Quarter 2022 Earnings: EPS Beats Expectations

  •  Updated
NYSE:ZTO
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ZTO Express (Cayman) (NYSE:ZTO) Third Quarter 2022 Results

Key Financial Results

  • Revenue: CN¥8.94b (up 21% from 3Q 2021).
  • Net income: CN¥1.93b (up 66% from 3Q 2021).
  • Profit margin: 22% (up from 16% in 3Q 2021). The increase in margin was driven by higher revenue.
  • EPS: CN¥2.39 (up from CN¥1.43 in 3Q 2021).
earnings-and-revenue-growth
NYSE:ZTO Earnings and Revenue Growth November 23rd 2022

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

ZTO Express (Cayman) EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 23%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Logistics industry in the US.

Performance of the American Logistics industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on ZTO Express (Cayman)'s balance sheet health.

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