Zim Q4 results surprise to upside but 2023 ‘extremely challenging’
Zim, the world’s 10th-largest ocean carrier, announced a big earnings beat for the fourth quarter and paid out a higher-than-expected dividend. However, it faces a tough year ahead, with a chance of at least some quarters in the red. The company’s shares (NYSE: ZIM) surged Monday on news of the earnings beat, jumping as much…