ZTO Reports Second Quarter 2017 Unaudited Financial Results

ZTO Reports Second Quarter 2017 Unaudited Financial Results

ZTO Express (Cayman) Inc. (NYSE: ZTO) (“ZTO” or the “Company”), a leading and fast-growing express delivery company in China, today announced its unaudited financial results for the second quarter ended June 30, 20171. Second Quarter 2017 Financial Highlights Revenues were RMB2,971.4 million (US$438.3 million), an increase of 29.9% from the same period of 2016. Gross profit was RMB1,123.9 million (US$165.8 million), an […]

ConocoPhillips Profits Could Remain Under Pressure

ConocoPhillips Profits Could Remain Under Pressure

ConocoPhillips, like other exploration and production companies, has been struggling due to the weakness in oil prices. So far, the company has reported seven quarterly losses in a row, though the losses have gradually narrowed owing to the improvement in energy prices and the company’s cost-cutting efforts. In 1Q17, for instance, ConocoPhillips reported adjusted quarterly loss of […]

Morningstar, Inc. Q2 Earnings/Technical Report

Morningstar, Inc. Q2 Earnings/Technical Report

Morningstar, Inc. reported net income of $46.1 million, or $1.07 per diluted share, compared with $31.8 million, or 73 cents per diluted share, in the second quarter of 2016. Net income for the quarter includes a noncash after-tax gain of $18.0 million, or 42 cents per share, in connection with the company’s previously announced sale of HelloWallet, an online financial wellness business. Revenue for […]

Freeport-McMoRan Unexpected Q2 Results

Freeport-McMoRan Unexpected Q2 Results

Freeport-McMoRan (FCX) has just reported its second-quarter results, which are very interesting to see in the light of ongoing problems in Indonesia and the recent upside in the copper market. The company reported adjusted net income of $0.17 per share on revenue of $3.7 billion, missing analyst estimates on earnings and beating them on revenue. More importantly, […]

Sohu.com – Updated Guidance for Second Quarter 2017

Sohu.com – Updated Guidance for Second Quarter 2017

Sohu.com Inc. (NASDAQ: SOHU), China’s leading online media, video, search and gaming business group (“Sohu” or the “Company”), today announced that it is updating the outlook for the second quarter of 2017, after taking into consideration the financial impact of the newly launched Legacy TLBB mobile game, a game that is developed by Changyou.com Limited […]