Benzinga | Nov 16, 2021 12:27PM EST

ZTO Express (Cayman)'s Earnings Outlook

ZTO Express (Cayman) (NYSE:ZTO) is set to give its latest quarterly earnings report on Wednesday, 2021-11-17. Here's what investors need to know before the announcement.

Analysts estimate that ZTO Express (Cayman) will likely report an Earnings Per Share (EPS) of $0.22

ZTO Express (Cayman) bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by 9.09%, which was followed by a 3.0% drop in the share price the next day.

Here's a look at ZTO Express (Cayman)'s past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.22 0.16 0.28 0.23EPS Actual 0.24 0.14 0.24 0.23Price Change % -3.0% 3.11% -10.61% -7.98%

Stock Performance

Shares of ZTO Express (Cayman) were trading at $28.78 as of November 15. Over the last 52-week period, shares are down 11.09%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.