ZTO Express Q1 Adjusted Earnings, Revenue Increase

MT Newswires Live

05/21

ZTO Express (Cayman) (ZTO) reported Q1 adjusted earnings late Tuesday of 2.71 Chinese renminbi ($0.37) per American depositary share, up from 2.68 renminbi a year earlier.

Revenue for the quarter ended March 31 was 10.89 billion renminbi, up from 9.96 billion renminbi a year earlier.

Three analysts surveyed by FactSet expected 12.02 billion renminbi.

The company said it extended its current share repurchase program through June 30, 2026.

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