Israel Chemicals Shs (NYSE:ICL) is reporting third quarter earnings results on Thursday 12th November 2020, before market open.
The consensus estimates from Thomson Reuters are $ 1220.00 million in revenue.
For the full year, analysts predict revenues of $ 4759.13 million.
Previous Quarter Performance
Israel Chemicals Shs reported income for the second quarter of $ 0.06 per share, from the revenue of $ 1,203.00 million. The quarterly earnings declined 50.00 percent while revenues shrunk 18.05 percent compared with the same quarter last year.
Wall street analysts are predicting, ICL to report 2Q20 income of $ 0.05 per share from revenue of $ 1239.50 million. The bottom line results beat street analysts by $ 0.01 or 20.00 percent, at the same time, top line results fell short of analysts by $ 36.5 million or 2.94 percent.
Stock Performance
Shares of Israel Chemicals Shs traded up $ 0.12 or 3.21 percent on Wednesday, reaching $ 3.86 with volume of 106.50 thousand shares. Israel Chemicals Shs has traded high as $ 3.90 and has cracked $ 3.79 on the downward trend
The closing price of $ 3.86, representing a 39.55 % increase from the 52 week low of $ 2.68 and a 22.41 % decrease over the 52 week high of $ 4.82.
The company has a market capital of $ 5.00 billion and is part of the Basic Materials sector and Agricultural Inputs industry.
Conference Call
Israel Chemicals Shs will be hosting a conference call at 8:30 AM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1866 966 1396 or +44 (0) 2071 928 000 Toll Number, and the passcode is 4282305 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.icl-group.com
Israel Chemicals Ltd. operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Innovative Ag Solutions (IAS).