ZIM Integrated Shipping Services Ltd. (ZIM) announced a profit for second quarter that Drops, from the same period last year and missed the Street estimates.
The company's bottom line totaled $24 million, or $0.19 per share. This compares with $373 million, or $3.08 per share, last year.
Analysts on average had expected the company to earn $1.3 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 15.4% to $1.636 billion from $1.933 billion last year.
ZIM Integrated Shipping Services Ltd. earnings at a glance (GAAP) :
-Earnings: $24 Mln. vs. $373 Mln. last year.-EPS: $0.19 vs. $3.08 last year.-Revenue: $1.636 Bln vs. $1.933 Bln last year.
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.