ZIM Integrated Shipping Services Ltd. (ZIM) Tops Q3 EPS by 239c; updates guidance

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) reported Q3 EPS of $9.34, $2.39 better than the analyst estimate of $6.95. Revenue for the quarter came in at $2.77 billion versus the consensus estimate of $2.39 billion.

Updated Full-Year 2024 Guidance

The Company increased its guidance for the full year of 2024 and now expects to generate Adjusted EBITDA between $3.3 billion and $3.6 billion and Adjusted EBIT between $2.15 billion and $2.45 billion. Previously, the Company expected to generate Adjusted EBITDA between $2.6 billion and $3.0 billion and Adjusted EBIT between $1.45 billion and $1.85 billion.

For earnings history and earnings-related data on ZIM Integrated Shipping Services Ltd. (ZIM) click here.

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