ICL Group (ICL) Expected to Beat Earnings Estimates: Should You Buy?

Core Viewpoint - The market anticipates a year-over-year decline in earnings for ICL Group despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - ICL Group is expected to report quarterly earnings of $0.08 per share, reflecting an 11.1% decrease year-over-year, while revenues are projected to be $1.77 billion, a 2% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 11.11% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for ICL Group is higher than the consensus estimate, resulting in an Earnings ESP of +12.50%, indicating a likelihood of beating the consensus EPS estimate [10][11]. Historical Performance - ICL Group has consistently beaten consensus EPS estimates, achieving a surprise of +33.33% in the last reported quarter and surpassing estimates in all of the last four quarters [12][13]. Conclusion - ICL Group is positioned as a strong candidate for an earnings beat, but investors should consider additional factors influencing stock performance beyond earnings results [14][16].