- ICL Group reported second-quarter revenue of $1.83 billion, a 4.6% increase compared to the same period last year, exceeding the estimated $1.77 billion.
- Net income for the second quarter was $93 million, representing a 19% decrease year-over-year, falling short of the projected $107 million.
- Operating income decreased by 14% year-over-year, amounting to $181 million.
- Diluted earnings per share (EPS) were 7.0 cents, down from 9 cents the previous year, and below the estimated 8.3 cents.
- Adjusted diluted EPS stood at 9.0 cents, surpassing the expected 8.1 cents.
- The company attributed its results to strong performance from its specialties-driven businesses.
- ICL’s Potash segment saw a decrease in second-quarter sales due to lower quantities and sustained supply to India and China at 2024 contract prices.
- ICL anticipates improved Potash segment sales in the third quarter, fueled by higher prices for 2025 contracts with India and China, as well as for spot transactions.
- The current market consensus includes zero buys, five holds, and zero sells for ICL Group.
A look at Israel Chemicals Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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
Analysts utilising Smartkarma Smart Scores have rated Israel Chemicals with solid scores across key factors. With a favorable Value score of 4 and a robust Dividend score of 4, Israel Chemicals demonstrates strong financial performance and shareholder returns. The company’s Growth score of 3 indicates moderate potential for expansion, while its Resilience and Momentum scores of 3 suggest a steady and stable trajectory in the market.
Israel Chemicals is a company focused on the development, manufacturing, and marketing of chemical and fertilizer products primarily in Israel but with reach into Europe and the Americas. Its diverse product portfolio includes bromine specialty chemicals, potash, phosphate fertilizers, and specialty industrial products. The company’s overall outlook, as indicated by the Smartkarma Smart Scores, points towards a promising long-term future with positive indicators in key areas essential for sustained growth and stability.
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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