Investing.com - ZTO Express Cayman reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
ZTO Express Cayman announced earnings per share of 1.55 on revenue of 8.26B. Analysts polled by Investing.com anticipated EPS of 1.77 on revenue of 8.25B.
ZTO Express Cayman shares are up 2% from the beginning of the year and are trading at 32.98 , down-from-52-week-high.They are under-performing the Nasdaq which is up 4.94% from the start of the year.
ZTO Express Cayman follows other major Transportation sector earnings this month
ZTO Express Cayman's report follows an earnings missed by Public Storage on Wednesday, February 24, 2021, who reported EPS of 1.67 on revenue of 748.54M, compared to forecasts EPS of 1.94 on revenue of 737.75M.
Royal Caribbean Cruises had beat expectations on Monday, February 22, 2021 with fourth quarter EPS of -5.02 on revenue of 34.14M, compared to forecast for EPS of -5.2 on revenue of 35.62M.
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