ZIM Integrated Shipping ZIM reported its Q3 earnings results on Wednesday, November 15, 2023 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
ZIM Integrated Shipping missed estimated earnings by 31.54%, reporting an EPS of $-1.71 versus an estimate of $-1.3.
Revenue was down $1.96 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.91 which was followed by a 2.74% increase in the share price the next day.
Here's a look at ZIM Integrated Shipping's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.88 | 3.05 | 9.54 | |
| EPS Actual | -1.79 | -0.5 | 3.44 | 9.66 |
| Revenue Estimate | 1.35B | 1.57B | 2.11B | 3.18B |
| Revenue Actual | 1.31B | 1.37B | 2.19B | 3.23B |
To track all earnings releases for ZIM Integrated Shipping visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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