Buckle up for ZIM's Q1 earnings on Tuesday! Will their stock price stay afloat or sink? Analysts are optimistic, predicting ZIM to snag a hefty $1.93 per share this quarter, a staggering increase of nearly 500% year-over-year. Revenue is also expected to climb 18% to $1.62 billion. ZIM has a mixed record of meeting analyst expectations, hitting them roughly half the time in the past year. But lately, things are looking rosier. Analysts have been consistently upping their forecasts for both earnings and revenue. This could be a sign of recovery for ZIM after a tough year that included a dividend cut. The company itself is hinting at better times ahead, citing growth in both shipment volume and rates. They're even forecasting a return to profitability in 2024, which could pave the way for bringing back those dividends.
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