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Benzinga
Benzinga
Business
Adam Eckert

Why ZIM Integrated Shipping Services Shares Are Trading Higher Today

NYSE ZIM Integrated Shipping Services Ltd

ZIM Integrated Shipping Services Ltd (NYSE:ZIM) is trading higher Wednesday after the company reported better-than-expected fourth-quarter financial results. 

ZIM reported fourth-quarter revenue of $3.47 billion, which beat the $3.34 billion estimate. The company reported quarterly earnings of $14.17 per share, which beat the estimate of $13.20 per share. 

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