TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — ICL Group Ltd (ICL) on Wednesday reported fourth-quarter earnings of $70 million.
The Tel Aviv, Israel-based company said it had net income of 6 cents per share. Earnings, adjusted for non-recurring costs, came to 8 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The potash and fertilizer producer posted revenue of $1.6 billion in the period.
For the year, the company reported profit of $407 million, or 32 cents per share. Revenue was reported as $6.84 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICL at https://www.zacks.com/ap/ICL
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