ZTO Express (ZTO) Tops Q1 EPS by 1c, Beat on Revenues

ZTO Express (NYSE: ZTO) reported Q1 EPS of $0.10, $0.01 better than the analyst estimate of $0.09. Revenue for the quarter came in at $379.9 million versus the consensus estimate of $369.57 million.

First Quarter 2017 Financial Highlights

• Revenues were RMB2,614.6 million (US$379.9 million), an increase of 33.5% from the same period of 2016.
• Gross profit was RMB730.6 million (US$106.2 million), an increase of 21.5% from RMB601.4 million in the same period of 2016.
• Net income was RMB502.9 million (US$73.1 million), an increase of 48.4% from RMB338.8 million in the same period of 2016.
• EBITDA was RMB804.8 million (US$116.9 million), an increase of 54.7% from RMB520.2 million in the same period of 2016.
• Adjusted EBITDA2 was RMB805.0 million (US$117.0 million), an increase of 46.6% from RMB549.3 million in the same period of 2016.
• Adjusted net income3 was RMB503.1 million (US$73.1 million), an increase of 36.8% from RMB367.9 million in the same period of 2016.
• Basic and diluted earnings per American depositary share (\"ADS\"4) were RMB0.70 (US$0.10), compared to RMB0.47 in the same period of 2016.
• Net cash provided by operating activities was RMB331.5 million (US$48.2 million), compared with RMB263.6 million in the same period of 2016.

For earnings history and earnings-related data on ZTO Express (ZTO) click here.

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