I ■ II I Abstract Aerial Art ZIM Integrated Shipping Services (NYSE:ZIM) reported earnings for its second fiscal quarter last week that came in way ahead of average EPS and top line predictions. The shipping company is benefiting from an improving macroeconomic outlook and strong pricing support in the freight market which resulted in a significantly increased EBITDA guidance for the current fiscal year. ZIM Integrated Shipping also posed significantly improved key metrics including revenue, free cash flow ...

Investors might want to bet on ZIM Integrated Shipping Services (ZIM) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracke ...

Most investors have been worried about the state of the shipping industry. Transportation stocks have underperformed the broader market ever since bottlenecks and supply chain issues caused by the COVID-19 pandemic created a difficult business environment for those who operate in the space. Today, a mid-cap shipping stock shows that the industry is actually starting to look up now. ZIM Integrated Shipping Services Today ZIM ZIM Integrated Shipping Services $22.84 +0.59 (+2.65%) 52-Week Range $6.39 ▼ $23.82 ...

Suphanat Khumsap ZIM Integrated Shipping (NYSE:ZIM) was soaring on Monday after releasing strong earnings results and an even stronger bump to full-year guidance. The disruptions in the Red Sea have led to a surge in freight rates, which in turn have sparked a dramatic turnaround in ZIM's fundamental results. Management has declared a large bump to the quarterly dividend, and the earnings yield over the coming quarters looks significant. However, I urge caution as investors mustn't forget that this remains ...

Daniel Wright/iStock Editorial via Getty Images Note: I have covered ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) previously, so investors should view this as an update to my earlier articles on the company. On Monday, Israel-based liner company ZIM Integrated Shipping Services Ltd. or "ZIM" reported Q2/2024 results well ahead of consensus expectations due to a favorable combination of higher volumes, increased freight rates and lower average costs. ZIM Integrated Shipping - Key Financial Metrics | --- ...

The container ship operator benefited from a strong pricing environment in the second quarter. Trouble on the high seas is causing shipping rates to soar, which in turn is helping Zim Integrated Shipping Services (ZIM 22.11%) deliver for investors. The container shipping company's shares jumped sharply at the open Monday and were up by about 22% as of 10:56 a.m. ET after the company released quarterly results that easily topped expectations. A favorable current Zim incurs high fixed costs to buy and maintai ...

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) Q2 2024 Earnings Conference Call August 19, 2024 8:00 AM ET Company Participants Elana Holzman - Head of IR Eli Glickman - President & CEO Xavier Destriau - CFO Conference Call Participants Omar Nokta - Jefferies Sathish Sivakumar - Citi Operator Thank you for standing by and welcome to the ZIM Integrated Shipping Services Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ rema ...

ZIM Integrated Shipping Services (ZIM) came out with quarterly earnings of $3.08 per share, beating the Zacks Consensus Estimate of $2.07 per share. This compares to loss of $1.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 48.79%. A quarter ago, it was expected that this container shipping company would post earnings of $1.09 per share when it actually produced earnings of $0.75, delivering a surprise of -31.19%. Over th ...

Investor Presentation Q2 2024 FINANCIAL RESULTS August 19, 2024 Disclaimer Forward-Looking Statements The following information contains, or may be deemed to contain forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995). In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of these terms and oth ...

7 Income from voyages and related services 8 Operating expenses and cost of services | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------|-----------|--------------------|--------------------------------------|-----------------------------------|------------------|---------| | | Level 1 | 2024 \nLevel 3 | Balance at \nUS $ in \nTotal | June 30, \nmillions \nLevel 1 | 2023 \nLevel 3 | Total | | Fair value through profit and loss | | | | | | | | Cash and cash eq ...