ZIM Integrated Shipping Q1 2024 GAAP EPS $0.75, Sales $1.56B Miss $1.573B Estimate
Portfolio Pulse from Benzinga Newsdesk
ZIM Integrated Shipping reported its Q1 2024 earnings with a GAAP EPS of $0.75 and sales of $1.56 billion, missing the sales estimate of $1.573 billion.
May 21, 2024 | 11:02 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ZIM Integrated Shipping's Q1 2024 earnings report shows a GAAP EPS of $0.75 and sales of $1.56 billion, missing the sales estimate of $1.573 billion. This slight miss on sales could lead to a minor negative impact on the stock price in the short term.
The earnings report shows a slight miss on sales estimates, which could lead to a minor negative impact on the stock price. Investors often react negatively to earnings misses, even if they are small.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100