In This Article:
HAIFA, Israel (AP) — HAIFA, Israel (AP) — ZIM Integrated Shipping Services Ltd. (ZIM) on Wednesday reported fourth-quarter net income of $561.5 million.
The Haifa, Israel-based company said it had net income of $4.66 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.47 per share.
The container shipping company posted revenue of $2.17 billion in the period.
For the year, the company reported profit of $2.15 billion, or $17.82 per share. Revenue was reported as $8.43 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZIM at https://www.zacks.com/ap/ZIM