Earnings Alerts

Cellcom Israel (CEL) Earnings: 1Q Net Income Surges to 60M Shekels Despite Revenue Decline

  • Cellcom Israel‘s net income increased significantly to 60 million shekels from 7 million shekels year-over-year.
  • The company’s revenue slightly declined to 1.11 billion shekels, marking a 1.9% decrease compared to the previous year.
  • The basic earnings per share (EPS) rose to 0.35 shekels from 0.040 shekels in the same period last year.
  • The mobile average revenue per user decreased by 3.7% to 42.10 shekels.
  • Market analysts have mixed opinions on Cellcom Israel‘s stock with recommendations including one buy, one hold, and one sell.

A look at Cellcom Israel Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma



Cellcom Israel Ltd. has a promising long-term outlook based on Smartkarma Smart Scores. With a strong growth score of 5, the company is positioned for significant expansion in the future. This indicates positive expectations for the company’s revenue and earnings growth potential. In addition, the momentum score of 4 suggests that the company has been performing well and shows positive market momentum, which could attract more investors.

Although Cellcom Israel has a lower dividend score of 1, its overall value score of 3 indicates that it may still offer a reasonable investment opportunity. The company’s resilience score of 3 reflects its ability to weather economic downturns and challenges. Overall, Cellcom Israel, with its focus on cellular communications services and diversified business segments, presents a solid investment option with favorable growth prospects and market momentum.

Summary: Cellcom Israel Ltd. provides cellular communications services through its Cellcom and Netvision segments. Offering a range of telephony, internet, messaging, and other services, the company has a strong presence in the telecommunications sector. Established in 1994 and headquartered in Netanya, Israel, Cellcom Israel is well-positioned for growth and resilience in the dynamic market environment.



Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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