ZIM Integrated Shipping Services Earnings, Revenue Beat in Q3 By Investing.com


© Reuters. ZIM Integrated Shipping Services Earnings, Revenue Beat in Q3

Investing.com – ZIM Integrated Shipping Services reported on Wednesday third quarter that beat analysts’ forecasts and revenue that topped expectations.

ZIM Integrated Shipping Services announced earnings per share of $9.66 on revenue of $3.23B. Analysts polled by Investing.com anticipated EPS of $9.39 on revenue of $3.16B.

ZIM Integrated Shipping Services shares are down 55.2% from the beginning of the year, still down 71.10% from its 52 week high of $91.23 set on March 17.

ZIM Integrated Shipping Services follows other major Industrials sector earnings this month

ZIM Integrated Shipping Services’s report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.84 on revenue of $24.29B.

Honeywell had beat expectations on October 27 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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