Earnings Preview For ZIM Integrated Shipping
Portfolio Pulse from Benzinga Insights
ZIM Integrated Shipping (NYSE:ZIM) is scheduled to release its quarterly earnings report on March 13, 2024, with analysts predicting an EPS of $-1.29. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's miss resulting in a 3.07% drop. Shares are currently trading at $11.41, down 53.01% over the last year. Investors are looking for positive guidance for the next quarter beyond the earnings results.
March 12, 2024 | 2:01 pm
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ZIM Integrated Shipping is anticipated to report a Q4 EPS of $-1.29. Historical data shows earnings misses and beats significantly impact stock price. Currently trading at $11.41, down 53.01% over the last year.
Given ZIM's history of stock price volatility post-earnings, the upcoming report could sway the stock in either direction, depending on whether they meet, miss, or exceed the EPS estimate. The significant yearly decline in stock price and the emphasis on future guidance further contribute to the potential impact.
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