ZIM Reports Financial Results for the First Quarter of 2024; Raising Full Year 2024 Guidance

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Go back to ZIM Reports Financial Results for the First Quarter of 2024; Raising Full Year 2024 Guidance

ZIM Integrated Shipping Services (ZIM) PT Raised to $9.20 at BofA Securities

May 23, 2024 5:18 AM EDT

BofA Securities analyst Muneeba Kayani raised the price target on ZIM Integrated Shipping Services (NYSE: ZIM) to $9.20 (from $9.00) while maintaining a Underperform rating.

The analyst comments "ZIM has raised its FY24 adj. EBITDA guidance to $1.15-1.55bn and its adj. EBIT... More

ZIM Integrated Shipping (ZIM) Misses Q1 EPS by 39c, Revenue In-Line, Offers Guidance

May 21, 2024 7:07 AM EDT

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) reported Q1 EPS of $0.75, $0.39 worse than the analyst estimate of $1.14. Revenue for the quarter came in at $1.56 billion versus the consensus estimate of $1.56 billion.

Updated Full-Year 2024 Guidance

The Company increased its guidance for the full... More