Investing.com - ZTO Express (NYSE:ZTO) Cayman reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
ZTO Express Cayman announced earnings per share of 2.18 on revenue of 9.22B. Analysts polled by Investing.com anticipated EPS of 2.04 on revenue of 9.68B.
ZTO Express Cayman shares are down 7.19% from the beginning of the year, still down 24.78% from its 52 week high of 34.82 set on November 18, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
ZTO Express Cayman follows other major Industrials sector earnings this month
ZTO Express Cayman's report follows an earnings beat by Deere&Company on February 18, who reported EPS of 2.92 on revenue of 8.53B, compared to forecasts EPS of 2.27 on revenue of 8.28B.
Airbus Group NV had beat expectations on February 17 with fourth quarter EPS of 0.4232 on revenue of 19.32B, compared to forecast for EPS of 0.3568 on revenue of 19.29B.
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