ZIM Integrated Shipping Services reported second-quarter 2026 adjusted earnings of 64 cents per share, beating the Zacks Consensus Estimate of a loss of 10 cents. Revenues rose 8.9% year over year to $1.78 billion, also above the consensus mark of $1.63 billion. Higher freight rates and carried volume supported the top line, with carried volume up 3.0% to 922 thousand TEUs and average freight rate per TEU up 7.5% to $1,590. Adjusted EBITDA rose 4.0% to $491 million, while net income increased to $64.1 million from $23.7 million. The company expects adjusted EBITDA of $2.0-$2.4 billion for 2026 and anticipates significantly stronger performance in the second half, with its pending acquisition by Hapag-Lloyd for $35.00 per share in cash targeted to close in the fourth quarter of 2026.
ZIM Integrated Shipping Services LtdQ2 earnings beat estimates with higher freight rates and volume.
Hapag Lloyd AGPending acquisition of ZIM for $35 per share cash, expected to close in Q4 2026.
Delta Air Lines Inc
JB Hunt Transport Services Inc
United Airlines Holdings Inc