ZTO Express (ZTO) Misses Q4 Earnings Estimates, Shares Fall

ZTO Express’ ZTO fourth-quarter 2020 earnings of 24 cents per share missed the Zacks Consensus Estimate by a penny. Moreover, the bottom line declined significantly year over year due to 20.1% decrease in parcel unit price as a result of intense competition. This earnings miss

ZTO Express’ ZTO fourth-quarter 2020 earnings of 24 cents per share missed the Zacks Consensus Estimate by a penny. Moreover, the bottom line declined significantly year over year due to 20.1% decrease in parcel unit price as a result of intense competition. This earnings miss