Maersk slips as lack of guidance upgrade disappoints

AP Moeller - Maersk A/S

07/05/2026 08:34

** Shares in Maersk MAERSKb.CO slide 3% after the Danish container shipping company kept its full-year guidance unchanged despite a profit beat in Q1

** Berenberg says it's "modestly surprised" not to see a forecast increase today

** "In our view this guidance is starting to look conservative, given Q1 performance and the diminishing likelihood of a return to Red Sea/Suez," the brokerage adds

** J.P.Morgan says Maersk is the first container shipping line under its coverage to report with no change to guidance and no expected material impact from the Middle East flagged

** Maersk guides for an underlying EBITDA at $4.5-7bln and underlying EBIT loss at $1-1.5 bln for 2026

     ** The outlook reflects oversupply and different scenarios on the Red Sea and Strait of Hormuz re-opening in 2026, the group said in its report

** Today's share performance nearly erases the stock's YTD gains of 3.9%

 (Reporting by Izabela Niemiec)

 ((Izabela.niemiec@thomsonreuters.com))