From Barchart: 2025-05-19 16:39:00

ZIM Integrated Shipping Services (NYSE:ZIM) exceeded expectations in Q1 2025, with shares soaring over 8% on increased shipping volumes and higher freight rates. Earnings of $2.45 per share surpassed estimates, while revenue jumped 28% to $2.01 billion. The company carried 944,000 TEUs, with a 22% rise in average freight rate to $1,776.

With a modernized fleet and cost efficiencies, ZIM reported a net income of $296 million for the quarter. The company remains bullish on its full-year 2025 outlook, forecasting adjusted EBITDA between $1.6 billion and $2.2 billion, and adjusted EBIT ranging from $350 million to $950 million—showing confidence in sustained profitability.



Read more at Barchart:: ZIM Surges 8% Following Q1 Earnings Beat