ZIM Integrated Shipping Services (ZIM) Lags Q2 Earnings and Revenue Estimates

ZIM Integrated Shipping Services (ZIM) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $1.5 per share. This compares to earnings of $3.08 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. ZIM shares have lost about 27.6% since the beginning of ...