Maersk Exceeds Profit Estimates and Raises 2026 Guidance
A.P. Moller-Maersk reported second-quarter EBITDA of $3 billion, beating analyst expectations and prompting the shipping giant to raise its full-year earnings guidance.
A.P. Moller-Maersk A/S reported preliminary underlying EBITDA of $3 billion for the second quarter of 2026, significantly surpassing analyst projections of $2.04 billion. Following the announcement, the company raised its 2026 earnings guidance for the second time this year, driving shares up between 7% and 8%.
CEO Vincent Clerc attributed the performance to resilient global demand and elevated freight rates. He noted that supply bottlenecks and disruptions, including U.S. tariffs, the Middle East conflict, and the blockade of the Strait of Hormuz, contributed to the results.
Hapag-Lloyd also reported improved performance compared to the first quarter, citing higher spot rates and volumes. CEO Rolf Habben Jansen indicated that market strength helped the company manage $600 million in additional costs stemming from the conflict in the Middle East.
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