ZTO Express reports Q2 EPS 42c, two estimates 39c

Reports Q2 revenue $1.34B, two estimates $1.39B. Reports Q2: “Parcel volume was 7,677 million, an increase of 23.8% from 6,203 million in the same period of 2022. Number of pickup/delivery outlets was over 31,000 as of June 30, 2023. Number of direct network partners was approximately 6,000 as of June 30, 2023. Number of self-owned line-haul vehicles was over 10,000 as of June 30, 2023.”