ZIM Q2 Revenue Hits $1.78 Billion As Freight Rates Rise 8%
ZIM reported Q2 adjusted EPS of 64 cents and revenue of $1.78 billion, beating estimates as freight rates and carried volume increased.
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Barclays Maintains Underweight on ZIM Integrated Shipping, Raises Price Target to $20
Barclays analyst Marco Limite maintains ZIM Integrated Shipping (NYSE:ZIM) with a Underweight and raises the price target from $17 to $20.
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Read original at benzingaZIM Integrated Shipping Q2 Adj. EPS $0.64 Beats $(0.33) Estimate, Sales $1.781B Beat $1.599B Estimate
ZIM Integrated Shipping (NYSE:ZIM) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $(0.33) by 300 percent. This is a 236.84 percent increase over earnings of $0.19 per share
Read original at benzinga