ICL Group Ltd reports results for the quarter ended in January - Earnings Summary

Icl

14/08/2024 09:31

* ICL Group Ltd  ICL.TA  reported quarterly adjusted
earnings of
10 cents​​ per share for the quarter ended in January, lower
than the same quarter last year, when the company reported EPS
of 13 cents.  The mean expectation of five analysts for the
quarter was for earnings of 8 cents per share. Wall Street
expected results to range from 8 cents to 9 cents per share.
    * Revenue was $1.75 billion​; analysts expected $1.76
billion. 
    * ICL Group Ltd's reported EPS for the quarter was 9 cents​.
    * The company reported quarterly net income of $115 million.
    * ICL Group Ltd shares had fallen by 9.5% this quarter and
lost 19.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the agricultural
chemicals peer group is also "hold"

Wall Street's median 12-month price target for ICL Group Ltd is
₪18.47 
This summary was machine generated from LSEG data August 14 at
08:31 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.08           0.10           Beat
 Mar. 31 2024                     0.09           
 Dec. 31 2023      0.07           0.10           Beat
 Sep. 30 2023      0.11           0.11           Met