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ICL Group's Earnings and Revenues Beat Estimates in Q2

ICL Group Ltd (NYSE: ICL) recorded profits of $115 million or 9 cents per share in second-quarter 2024, down from $163 million or 13 cents in the year-ago quarter. Barring one-time items, adjusted earnings per share were 10 cents. The bottom line beat the Zacks Consensus Estimate of 9 cents. Sales fell around 6% yearly to $1,752 million in the quarter. The figure beat the Zacks Consensus Estimate of $1,733.2 million. ICL Group Ltd. Price, Consensus and EPS Surprise ICL Group Ltd. price-consensus-eps-surprise-chart | ICL Group Ltd. Quote Segment Highlights Sales in the Industrial Products segment rose 5% year over year to $315 million in the quarter. EBITDA remained flat year over year at $74 million. This marks the third consecutive quarter of sequential EBITDA improvement, driven by ongoing cost-saving efforts and strengthening customer relationships. Sales in the Potash segment dropped 27.5% year over year to $422 million in the said quarter. EBITDA also fell 44% year over year to $118 ...