Zim Integrated swings to loss in fiscal Q4

Zim Integrated Shipping Services Ltd (NYSE: ZIM) is in the red today even though it reported better-than-expected earnings for its fourth financial quarter.Zim Integrated’s outlook for fiscal 2024Copy link to sectionShares are still trending down perhaps because investors are not fully content with the guidance. The cargo transport company forecasts up to $1.45 billion in adjusted EBITDA for 2024. Eli Glickman – the chief executive of Zim Integrated said in a press release on Wednesday:We’re well on our way ...