ZTO shares dip pre-market as logistics firm cuts annual growth forecast

By Yahoo! Finance | Nov 20, 2024 at 06:06 AM EST

ZTO Express shares dropped in pre-market trading as the company adjusted its annual guidance due to challenges like weaker consumer spending. Analysts estimate modest growth in ASP and efficiency in cost per parcel, with ZTO revising its 2024 volume expectations amid rising low-value e-commerce packages.

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