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ICL
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ICL Reports Fourth Quarter and Full Year 2024 Results

1. ICL reported a decline in annual sales and net income for 2024. 2. Sales fell from $7.5B to $6.8B, indicating potential financial strain.

Earnings
-7.29%Current Return
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+0.05%S&P 500
$6.4502/26 02:14 AM EDTEvent Start
$5.9802/27 08:58 AM EDTLatest Updated
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FAQ

Why Bearish?

The decline in both sales and net income suggests financial difficulties that may lead to decreased investor confidence. In similar past scenarios, such as with other minerals companies facing declining revenues, stock prices often reacted negatively.

How important is it?

The financial results are critical for assessing ICL's operational efficiency and future outlook, which influence market sentiment significantly. Poor earnings can lead to strategic shifts or investor retreats, impacting stock performance.

Why Short Term?

Immediate market reactions are likely due to the poor financial results, affecting ICL's stock quickly. Investors often punish stocks for poor quarterly performances, leading to potential sell-offs.

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TEL AVIV, Israel & ST. LOUIS--(BUSINESS WIRE)--ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the fourth quarter and full year ended December 31, 2024. Consolidated annual sales were $6,841 million versus $7,536 million in 2023. Net income was $407 million versus $647 million, while adjusted net income was $484 million versus $715 million in 2023. Annual adjusted EBITDA was $1,469 million versus $1,754 million in 2023. Diluted.

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