ZIM Shares Drop 2.08% After 32.44% Monthly Rally; Q1 EPS Forecast at -$1.01
ZIM Integrated Shipping Services shares fell 2.08%, underperforming the S&P 500’s 1.04% drop, after rallying 32.44% over the past month versus the Transportation sector’s 13.64% gain. Analysts project Q1 EPS of -$1.01 on $1.41 billion revenue, marking year-over-year declines of 121.7% and 34.9%.
1. Session Performance
ZIM shares declined 2.08%, undercutting the S&P 500’s 1.04% and Dow’s 1.66% losses, as the Nasdaq fell 1.13%.
2. One-Month Outperformance
Over the past month ZIM stock rose 32.44%, outperforming the Transportation sector’s 13.64% advance and outpacing the S&P 500’s 1.75% gain.
3. Earnings Outlook
Q1 EPS is projected at -$1.01 on $1.41 billion revenue, marking year-on-year drops of 121.7% and 34.9%, while full-year consensus forecasts call for $2.65 EPS (down 85.1%) on $6.83 billion revenue (down 19.0%).