ZIM Integrated Shipping Services Ltd. (ZIM)
ZIM Integrated: Selling The Great News On Potential 2025 Headwinds (Downgrade)
As expected by me, Israel-based liner company ZIM Integrated Shipping Services Ltd. reported strong Q3 2024 results and raised full-year projections significantly. The company declared an aggregate $3.65 per share in cash dividends for Q3, including a special cash dividend of $0.84 per share. Based on my expectations for a strong finish to the year, I am projecting the company's final dividend for FY2024 to exceed $4 per share.
ZIM Integrated Shipping Services Ltd. (ZIM) Q3 2024 Earnings Call Transcript
ZIM Integrated Shipping Services Ltd. (NYSE:ZIM ) Q3 2024 Earnings Conference Call November 20, 2024 8:00 AM ET Company Participants Elana Holzman - Head of Investor Relations Eli Glickman - President and Chief Executive Officer Xavier Destriau - Executive Vice President and Chief Financial Officer Conference Call Participants Omar Nokta - Jefferies Alexia Dogani - JPMorgan Sathish Sivakumar - Citigroup Operator Ladies and gentlemen, thank you for standing by.
ZIM Integrated Shipping Services (ZIM) Surpasses Q3 Earnings and Revenue Estimates
ZIM Integrated Shipping Services (ZIM) came out with quarterly earnings of $9.34 per share, beating the Zacks Consensus Estimate of $7.45 per share. This compares to loss of $1.97 per share a year ago.
ZIM Shipping Stock Set For Year's 3rd Breakout After Hefty Dividend
ZIM Shipping trounced analyst earnings expectations and posted a fat special dividend, while hoisting its full-year outlook. The post ZIM Shipping Stock Set For Year's 3rd Breakout After Hefty Dividend appeared first on Investor's Business Daily.
ZIM vs. KEX: Which Stock Is the Better Value Option?
Investors interested in Transportation - Shipping stocks are likely familiar with ZIM Integrated Shipping Services (ZIM) and Kirby (KEX). But which of these two stocks offers value investors a better bang for their buck right now?
Here's why the ZIM Integrated stock could slip 20% after earnings
ZIM Integrated stock price rallied for three consecutive weeks and reached its highest level since August 2022. It has soared by over 334% from its lowest level in 2023, making it one of the best-performing companies in Wall Street.
ZIM Integrated Shipping: Fleet Expansion On Track While Red Sea Conflict Maintains Freight Rates
ZIM is bound to complete its fleet upgrade by year-end, with 46 new vessels introduced since 2021, improving capacity and lowering fuel costs. The MSC and Hapag-Lloyd partnerships could lead to new trade routes, better fleet utilization, and operational savings, starting in 2025. Institutional ownership jumped 15% in the past quarter, with activist fund Jane Street taking a 5.3% stake, signaling increased confidence in ZIM's undervaluation.
Is Buying ZIM Stock a Smart Move Before It Reports Q3 Earnings?
ZIM's Q3 performance is expected to have been aided by high revenues and carried volumes.
ZIM Integrated Shipping Services (ZIM) Earnings Expected to Grow: Should You Buy?
ZIM (ZIM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ZIM Integrated Shipping Services (ZIM) Rises As Market Takes a Dip: Key Facts
ZIM Integrated Shipping Services (ZIM) concluded the recent trading session at $24.17, signifying a +1.51% move from its prior day's close.
Should Value Investors Buy ZIM Integrated Shipping Services (ZIM) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
ZIM Integrated Shipping Should Beat Q3 Earnings - Buy
ZIM Integrated Shipping has shown resilience and strategic growth, achieving strong Q2 2024 results with significant revenue, net income, and EBITDA margins. Fleet renewal with fuel-efficient LNG-powered vessels has lowered costs and optimized ZIM's carbon footprint, enhancing competitive advantage and margins. Positive market dynamics and potential Trump election victory could boost ZIM's earnings and freight rates, supporting a "Buy" rating despite current stock price rise.
