Zim Integrated Shipping Services Ltd. (ZIM) is scheduled to report 1st quarter earnings on 05/22/2023, before the market opens.
Regarding Q1 estimates, Wall Street analysts expect Zim Integrated Shipping Services Ltd. to post earnings of $0.27 per share. Revenue expectations are pegged at $1.59 billion. Last quarter, Zim Integrated Shipping Services Ltd. beat earnings estimates, reporting EPS of $3.44 on estimates of $2.21. The stock rose by 6.61% the day after the last earnings release.
Year-to-date, ZIM stock has risen by 40.08%.
Is Zim Integrated Shipping Services Ltd. Stock a Buy?
Wall Street’s consensus rating for ZIM stock is a Hold, with an average analyst price target of $20.20, implying upside potential of 15.36% from current levels.
ZIM shares have gained about 9.78% in the past six months.
About Zim Integrated Shipping Services Ltd.
ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades & Lines.
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