ZIM Integrated Shipping Services shares fell 1.37% to $24.56 in the latest close, underperforming the S&P 500's 0.02% gain. The container shipping company's stock has declined 2.66% over the past month, lagging the Transportation sector's 5.62% advance and the S&P 500's 0.77% rise. Ahead of its upcoming earnings report, the Zacks Consensus Estimate projects a loss of 10 cents per share, a 152.63% drop from the year-ago quarter, on revenue of $1.63 billion, down 0.58%. For the full year, analysts forecast earnings of $3.15 per share and revenue of $7.05 billion, representing increases of 2.27% and 2.09%, respectively. The stock carries a Zacks Rank of 1, or Strong Buy, after the consensus EPS estimate shifted 143.51% upward over the past month, and it trades at a forward price-to-earnings ratio of 7.9, a discount to the industry average of 9.08.
ZIM Integrated Shipping Services LtdAnalysts project a 152.63% drop in quarterly EPS to a loss of 10 cents per share, and revenue decline of 0.58%.