ZTO Express (ZTO) Tops Q4 EPS by 2c, Beats on Revenues

Note: EPS may not be comparable

ZTO Express (NYSE: ZTO) reported Q4 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $665.7 million versus the consensus estimate of $640 million.

Fourth Quarter 2017 Financial Highlights

• Revenues were RMB4,331.0 million (US$665.7 million), an increase of 35.7% from the same period of 2016.
• Gross profit was RMB1,353.3 million (US$208.0 million), an increase of 16.5% from RMB1,161.1 million in the same period of 2016.
• Net income was RMB1,221.9 million (US$187.8 million), an increase of 65.2% from RMB739.8 million in the same period of 2016.
• Adjusted EBITDA [2] was RMB1,424.3 million (US$218.9 million), an increase of 29.7% from RMB1,098.4 million in the same period of 2016.
• Adjusted net income [3] was RMB1,265.4million (US$194.5 million), an increase of 71.0% from RMB740.1 million in the same period of 2016.
• Basic earnings per American depositary share ("ADS [4]") were RMB1.72 (US$0.26), compared to RMB1.04 in the same period of 2016.
• Diluted earnings per American depositary share ("ADS [4]") were RMB1.71 (US$0.26), compared to RMB1.04 in the same period of 2016.
• Net cash provided by operating activities was RMB1,371.5 million (US$210.8 million), compared with RMB1,183.3 million in the same period of 2016.

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

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