Will ZIM (ZIM) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - ZIM Integrated Shipping Services is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1]. Group 1: Earnings Performance - ZIM has a solid track record of surpassing earnings estimates, with an average surprise of 31.96% over the last two quarters [2]. - In the last reported quarter, ZIM achieved earnings of $2.45 per share, exceeding the Zacks Consensus Estimate of $1.89 per share by 29.63% [3]. - For the previous quarter, ZIM's actual earnings were $4.66 per share, significantly higher than the expected $3.47 per share, resulting in a surprise of 34.29% [3]. Group 2: Earnings Estimates and Predictions - Earnings estimates for ZIM have been trending upward, influenced by its history of earnings surprises [5]. - The company currently has a positive Zacks Earnings ESP of +105.78%, indicating that analysts have recently become more optimistic about its earnings prospects [7]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong possibility of another earnings beat [7]. Group 3: Importance of Earnings ESP - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]. - Monitoring a company's Earnings ESP prior to its quarterly release is crucial for increasing the likelihood of successful investment decisions [8].