Workflow
Analysts Estimate ZIM Integrated Shipping Services (ZIM) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - The market anticipates a year-over-year decline in ZIM Integrated Shipping Services' earnings due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - ZIM is expected to report quarterly earnings of $1.50 per share, reflecting a year-over-year decrease of 51.3% [3]. - Revenue projections stand at $1.77 billion, which is an 8.5% decline from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 33.33% higher in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the potential deviation from consensus estimates, with positive readings being more predictive of earnings beats [9][10]. - ZIM currently holds a Zacks Rank of 3, complicating predictions of an earnings beat [12]. Historical Performance - In the last reported quarter, ZIM exceeded the expected earnings of $1.89 per share by delivering $2.45, resulting in a surprise of +29.63% [13]. - Over the past four quarters, ZIM has consistently beaten consensus EPS estimates [14]. Conclusion - While ZIM does not appear to be a strong candidate for an earnings beat, investors should consider other influencing factors before making investment decisions [17].