Israel Chemicals Ltd. (ICL) Releases Earnings Results, Beats Expectations By $0.02 EPS

Israel Chemicals Ltd. (ICL) reported quarterly earnings results on Wednesday, Aug-10-2016. The company said it had a profit of $0.09 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.07. The company posted revenue of $1377.00 million in the period, compared to analysts expectations of $1259.43 million. The company’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS.

Israel Chemicals Ltd. opened for trading at $3.96 and hit $4.01 on the upside on Monday, eventually ending the session at $4, with a gain of 1.27% or 0.05 points. The heightened volatility saw the trading volume jump to 78,123 shares. Company has a market cap of $5,199 M.

Israel Chemicals Ltd.

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