Zim Integrated Shipping Services Ltd (NYSE: ZIM) is in the red today even though it reported better-than-expected earnings for its fourth financial quarter.Zim Integrated’s outlook for fiscal 2024Copy link to sectionShares are still trending down perhaps because investors are not fully content with the guidance. The cargo transport company forecasts up to $1.45 billion in adjusted EBITDA for 2024. Eli Glickman – the chief executive of Zim Integrated said in a press release on Wednesday:We’re well on our way ...

Full Year 2023 Revenue of $5,162 Million and Net Loss of $2,688 Million1 Adjusted EBITDA and Adjusted EBIT in Line with Guidance: Adjusted EBITDA2 of $1,049 Million and Adjusted EBIT2 Loss of $422 Million Full Year 2024 Outlook: Adjusted EBITDA of $850 Million to $1,450 Million and Adjusted EBIT Loss of $300 Million to Earnings of $300 Million3 HAIFA, Israel, March 13, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its conso ...

Exhibit 99.1 ZIM Reports Financial Results for the Fourth Quarter and the Full Year of 2023 Adjusted EBITDA and Adjusted EBIT in Line with Guidance: Adjusted EBITDA2 of $1,049 Million and Adjusted EBIT2 Loss of $422 Million Full Year 2024 Outlook: Adjusted EBITDA of $850 Million to $1,450 Million and Adjusted EBIT Loss of $300 Million to Earnings of $300 Million3 Haifa, Israel, March 13, 2024 – ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) ...

In the latest trading session, ZIM Integrated Shipping Services (ZIM) closed at $10.80, marking a -1.37% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 1.02% for the day. On the other hand, the Dow registered a loss of 1.04%, and the technology-centric Nasdaq decreased by 1.65%.Shares of the container shipping company witnessed a loss of 16.92% over the previous month, trailing the performance of the Transportation sector with its gain of 3.22% and the S&P 500's ...

Investors in Zim Integrated Shipping Services (ZIM 0.84%) can't be blamed for feeling a little seasick. Fresh off a January where the stock was up 52%, shares of Zim headed in the other direction in February, falling 20.6% for the month, according to data provided by S&P Global Market Intelligence.Both the surge and the subsequent drop are tied to the ongoing troubles in the Middle East, with bulls and bears battling over what those issues will mean for shippers like Zim.Shipping stocks can't sail away from ...

ZIM Integrated Shipping Services (ZIM) closed at $12.51 in the latest trading session, marking a +0.4% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 2.11%. Meanwhile, the Dow experienced a rise of 1.18%, and the technology-dominated Nasdaq saw an increase of 2.96%.Prior to today's trading, shares of the container shipping company had lost 11.38% over the past month. This has lagged the Transportation sector's gain of 3.91% and the S&P 500's gain of 3.08% in that tim ...

ZIM Integrated Shipping Services (ZIM) closed the most recent trading day at $12.11, moving +1.85% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.1%. Elsewhere, the Dow saw an upswing of 0.33%, while the tech-heavy Nasdaq depreciated by 0.3%.The container shipping company's shares have seen a decrease of 11.66% over the last month, not keeping up with the Transportation sector's gain of 3.51% and the S&P 500's gain of 5.78%.Investors will be eagerly watching for the perf ...

Fool.com contributor Parkev Tatevosian evaluates Zim Integrated Shipping Services (ZIM -2.62%) stock and forecasts where it could be by the end of 2025. *Stock prices used were the afternoon prices of Feb. 7, 2024. The video was published on Feb. 9, 2024. ...

ZIM Integrated (NYSE: ZIM) stock price plunged by more than 7% in the pre-market session after a major warning from Maersk, the second-biggest shipping company in the world. The shares crashed to a low of $12, much lower than this month’s high of $15.57.ZIM Integrated share price has been in a strong uptrend in the past few weeks as the crisis in the Red Sea pushed container prices sharply higher. Data shows that the World Container Index has soared to over $3,800, up from below $1,500 in December. This pri ...