ZTO Express: Expecting In-Line Fourth Quarter Results


Source: seekingalpha.com seekingalpha.com

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Oscar Wong/Moment via Getty Images Elevator Pitch ZTO Express (Cayman) Inc. (NYSE:ZTO) [2057:HK] shares are awarded a Hold rating. Previously, I touched on the major industry-specific and company-specific factors that could influence ZTO's financial results and share price performance in my October 17, 2023 update. My latest article previews ZTO Express' Q4 2023 financial results that will be announced next month. I think that ZTO will register faster top-line growth and slower bottom-line expansion in the fourth quarter of 2023 as per market expectations. Given that I don't expect positive surprises with ZTO Express' Q4 2023 results announcement, I leave...