Shares of Israeli liner company Zim surged about 9% in pre-market trading in New York on Wednesday after it smashed analyst earnings expectations and raised its guidance on full-year earnings.
It reported net income of $1.13bn or $9.34 per share, which battered the consensus bets of Wall Street analysts of $6.95 per share.
The Haifa-based operator also hiked full-year Ebitda guidance to between $3.3bn