ZTO Express Surpasses Estimates and Provides Promising FY24 Guidance

Wednesday, 20 March 2024, 04:48

ZTO Express has outperformed expectations with Q4 results surpassing both top-line and bottom-line estimates. The company's Q4 Non-GAAP EPADS of $0.38 exceeded expectations by $0.03, with a revenue of $1.5B (+7.6% Y/Y) surpassing by $170M. Adjusted EBITDA also showed strong growth, reaching $514.3 million, marking a 7.5% increase.

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ZTO Express Q4 Results Overview

ZTO Express has released its Q4 results, showcasing a strong performance that exceeded market expectations. The company's focus on operational efficiency and growth strategies has resulted in impressive financial metrics.

Key Highlights:

Q4 Non-GAAP EPADS: $0.38, surpassing estimates by $0.03
Revenue: $1.5B, a 7.6% year-over-year increase
Adjusted EBITDA: $514.3 million, up by 7.5%

Overall, ZTO Express has demonstrated resilience and growth potential in a competitive market landscape.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

ZTO Express Q4 Results Overview

Key Highlights:

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