Recap: ICL Group Q1 Earnings

Shares of Israel Chemicals Ltd. ICL were flat in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 58.33% over the past year to $0.05, which were in line with the estimate of $0.05.

Revenue of $1,319,000,000 lower by 6.78% from the same period last year, which beat the estimate of $1,270,000,000.

Looking Ahead

ICL Group hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: May 12, 2020

Time: 09:01 PM ET

Webcast URL: https://icl-meet.webex.com/mw3300/mywebex/default.do?nomenu=true&siteurl=icl-meet&service=6&rnd=0.22643080490601608&main_url=https%3A%2F%2Ficl-meet.webex.com%2Fec3300%2Feventcenter%2Fevent%2FeventAction.do%3FtheAction%3Ddetail%26%26%26EMK%3D4832534b0000000409c41cf25e72c36d2c6f28236d62faa1257a3287f82cef7f813471bc82551be5%26siteurl%3Dicl-meet%26confViewID%3D159302866411986600%26encryptTicket%3DSDJTSwAAAASCc9NYj0eufuYdBFxTvSfg8jBHNX0E-dyDMSWNn9u4KQ2%26

Recent Stock Performance

52-week high: $5.52

52-week low: $2.68

Price action over last quarter: down 14.36%

Company Description

ICL Group Ltd is a manufacturer of products based on minerals. The firm is focused primarily on three markets namely agriculture, food, and engineered materials. The company mines and manufactures potash and phosphates used as ingredients in fertilizers and serves as a component in the pharmaceutical and food additives industries. It is also engaged in industrial additives and materials, including flame retardants, phosphate salts, and specialty phosphate blends, purified phosphoric acid, and electronic-grade specialty phosphoric acids.