ZIM Integrated Shipping Q1 EPS $(0.50) Down From $14.19 YoY, Sales $1.37B Miss $1.57B Estimate
Portfolio Pulse from Benzinga Newsdesk
ZIM Integrated Shipping reported Q1 losses of $(0.50) per share, a 103.52% decrease YoY, and sales of $1.37B, missing the $1.57B estimate by 12.48% and a 63.02% decrease YoY.
May 22, 2023 | 11:03 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
ZIM reported Q1 losses of $(0.50) per share, a 103.52% decrease YoY, and sales of $1.37B, missing the $1.57B estimate by 12.48% and a 63.02% decrease YoY.
ZIM Integrated Shipping reported significant losses in Q1, with earnings per share down 103.52% YoY and sales missing estimates by 12.48%. This negative performance is likely to have a short-term negative impact on the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100