ZIM Earnings Prediction
The chart below shows how ZIM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ZIM sees a +2.53% change in stock price 10 days leading up to the earnings, and a -4.71% change 10 days following the report. On the earnings day itself, the stock moves by -2.84%. This data can give you a slight idea of what to expect for the next quarter's release.
ZIM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.77B
117.22%
43.08%
Gross Margin
47.20%
493.33%
74.04%
Operating Margin
44.42%
336.53%
90.48%
Net Margin
40.73%
122.84%
111.15%
EPS
9.33
149.37%
202.92%
No Data Available
ZIM Earnings Analysis
ZIM Integrated Shipping Services Ltd. Corporation (ZIM.N) Earnings Conference Call
Positive
Strong Financial Performance: ZIM generated net income of $1.1 billion and revenue of $2.8 billion in the third quarter, showcasing strong financial performance.
Strong Adjusted EBITDA Performance: Adjusted EBITDA was $1.5 billion with an adjusted EBITDA margin of 55%, indicating a robust financial position.
Total Liquidity Stability: The company maintained total liquidity of $3.1 billion at quarter-end, ensuring financial stability.
Strong Q3 Performance: ZIM's third quarter results were the highest since Q3 2022, reflecting strong demand and elevated freight rates.
Special Dividend Announcement: The Board declared a special dividend of $100 million on top of the regular dividend of $340 million, demonstrating commitment to returning capital to shareholders.
Negative
Net Income Recovery: Net income in the third quarter was at $1.1 billion compared to a net loss of $2.3 billion in Q3 2023.
Margin Improvement Analysis: Adjusted EBITDA margin was 44% and adjusted EBIT margin was 30%, compared to 22% and an EBIT loss in 2023.
Debt Increase Analysis: Total debt increased by $828 million since prior year-end, primarily due to the net effect of the incoming larger vessels with longer-term charter durations attached.
Non-Containerized Cargo Revenue: Revenues from non-containerized cargo totaled $145 million for the quarter compared to $153 million in the third quarter of last year.
Free Cash Flow Increase: Our free cash flow in the third quarter totaled $1.5 billion compared to $328 million in the third quarter of 2023.
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ZIM Earning Call Sentiment
ZIM Integrated Shipping Services Ltd. (ZIM) Q3 2024 Earnings Call Transcript
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00:00
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ZIM.N
-1.55%Positive
The earnings call indicates strong financial performance, with record high revenue and significant growth in carried volume. Raised guidance for EBITDA and EBIT, along with a generous dividend plan, further boosts sentiment. Despite potential risks like market oversupply and geopolitical uncertainties, management's confidence in navigating these challenges supports a positive outlook. The market cap suggests a moderate reaction, leading to a positive stock price movement prediction of 2% to 8% over the next two weeks.