ICL Group Ltd reports results for the quarter ended September 30 - Earnings Summary

Icl

11/11/2024 15:31

* ICL Group Ltd  ICL.TA  reported quarterly adjusted
earnings of
11 cents​​ per share for the quarter ended September 30,
identical to the same quarter last year.  The mean expectation
of four analysts for the quarter was for earnings of 9 cents per
share. Wall Street expected results to range from 8 cents to 10
cents per share.
    * Revenue fell 5.9% to $1.75 billion from a year ago;
analysts
expected $1.76 billion. 
    * ICL Group Ltd's reported EPS for the quarter was 9 cents​.
    * The company reported quarterly net income of $113 million.
    * ICL Group Ltd shares had fallen by 2.1% this quarter and
lost 14.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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
17.00 
This summary was machine generated from LSEG data November 11 at
03:31 p.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
 Sep. 30 2024                     0.11           
 Jun. 30 2024      0.08           0.10           Beat
 Mar. 31 2024      0.09           0.09           Met
 Dec. 31 2023      0.07           0.10           Beat