ICL Group Q2 2024 Adj. EPS $0.10 Beats $0.09 Estimate, Sales $1.752B Miss $1.759B Estimate
Portfolio Pulse from Benzinga Newsdesk
ICL Group (NYSE:ICL) reported Q2 2024 adjusted EPS of $0.10, beating the $0.09 estimate, but sales of $1.752 billion missed the $1.759 billion estimate. EPS decreased by 23.08% year-over-year, and sales decreased by 4.26% year-over-year.
August 14, 2024 | 6:17 am
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NEUTRAL IMPACT
ICL Group's Q2 2024 adjusted EPS of $0.10 beat estimates by 11.11%, but sales of $1.752 billion missed estimates by 0.40%. EPS and sales both decreased year-over-year.
While ICL Group's EPS beat estimates, the miss on sales and the year-over-year declines in both EPS and sales suggest mixed results. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100