Equity Profile

ICL

ICL Group Ltd

MaterialsFertilizers & Agricultural Chemicals$6.4B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

ICL Group Ltd operates in the materials sector, focusing on fertilizers and agricultural chemicals. As a key player in this industry, ICL is significant for its role in supporting global food production and agricultural sustainability.

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales and expand its market presence, which is vital for long-term success.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

ICL Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+13.55%

Avg Stock Reaction

+0.18%

Last Quarter Recap

In Q1-2026, ICL reported an EPS of $0.11, beating expectations slightly. The stock reacted positively, gaining 6.9% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about ICL's upcoming earnings, especially given its recent EPS beats. However, uncertainty remains due to the lack of revenue guidance.

Bull Case

If ICL continues its trend of beating EPS estimates, it could signal strong operational performance and boost investor confidence.

Bear Case

Conversely, if ICL fails to meet expectations or provides weak guidance, it could lead to a significant sell-off, especially given the high implied volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given the company's history of beating EPS estimates, this number will be crucial for investor sentiment.

Will there be any guidance on revenue growth?

Investors are eager for insights into future performance, especially in light of the current market dynamics.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating ICL's ability to leverage recent agricultural trends for growth, especially given its strong EPS history.

Supporting Evidence

ICL has an 88% EPS beat rate, indicating a strong track record of exceeding expectations.

The high implied volatility suggests that the market is bracing for significant movement, which could favor a positive outcome.

Key Risk

If ICL's EPS comes in below $0.10, it could undermine the current bullish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating ICL's ability to maintain its growth trajectory amidst fluctuating agricultural demand.

Bull Confirmed If

An EPS of $0.12 or higher would confirm the bullish sentiment and indicate strong operational performance.

Bear Confirmed If

An EPS below $0.10 would raise concerns about the company's profitability and could lead to a sell-off.

Pre-Earnings Positioning

Options Market

Implied Move

±23.72%

Historical Avg

±4.6%

Pricing rich

The options market is pricing in a significant potential move, indicating that investors expect volatility around the earnings report.

Options are pricing ±23.7% while ICL has averaged ±4.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

43.4%

Calls (10K)P/C Ratio: 0.07Puts (0)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If ICL beats expectations, history suggests a potential stock increase of around 0.29%, confirming bullish sentiment.

In-Line / Cautious

If results are in line, the stock may react cautiously, reflecting uncertainty in future guidance.

Miss

A miss could lead to a decline of about 0.66%, as seen in past performance when expectations were not met.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth projections for the upcoming quarters.
2Details on cost management strategies in response to fluctuating raw material prices.
3Insights into demand trends for fertilizers and agricultural chemicals.
4Management's outlook on global agricultural markets and potential impacts on sales.
5Any commentary on new product developments or innovations in the pipeline.

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Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales and expand its market presence, which is vital for long-term success.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

ICL Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+13.55%

Avg Stock Reaction

+0.18%

Last Quarter Recap

In Q1-2026, ICL reported an EPS of $0.11, beating expectations slightly. The stock reacted positively, gaining 6.9% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about ICL's upcoming earnings, especially given its recent EPS beats. However, uncertainty remains due to the lack of revenue guidance.

Bull Case

If ICL continues its trend of beating EPS estimates, it could signal strong operational performance and boost investor confidence.

Bear Case

Conversely, if ICL fails to meet expectations or provides weak guidance, it could lead to a significant sell-off, especially given the high implied volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given the company's history of beating EPS estimates, this number will be crucial for investor sentiment.

Will there be any guidance on revenue growth?

Investors are eager for insights into future performance, especially in light of the current market dynamics.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating ICL's ability to leverage recent agricultural trends for growth, especially given its strong EPS history.

Supporting Evidence

ICL has an 88% EPS beat rate, indicating a strong track record of exceeding expectations.

The high implied volatility suggests that the market is bracing for significant movement, which could favor a positive outcome.

Key Risk

If ICL's EPS comes in below $0.10, it could undermine the current bullish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating ICL's ability to maintain its growth trajectory amidst fluctuating agricultural demand.

Bull Confirmed If

An EPS of $0.12 or higher would confirm the bullish sentiment and indicate strong operational performance.

Bear Confirmed If

An EPS below $0.10 would raise concerns about the company's profitability and could lead to a sell-off.

Pre-Earnings Positioning

Options Market

Implied Move

±23.72%

Historical Avg

±4.6%

Pricing rich

The options market is pricing in a significant potential move, indicating that investors expect volatility around the earnings report.

Options are pricing ±23.7% while ICL has averaged ±4.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

43.4%

Calls (10K)P/C Ratio: 0.07Puts (0)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If ICL beats expectations, history suggests a potential stock increase of around 0.29%, confirming bullish sentiment.

In-Line / Cautious

If results are in line, the stock may react cautiously, reflecting uncertainty in future guidance.

Miss

A miss could lead to a decline of about 0.66%, as seen in past performance when expectations were not met.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth projections for the upcoming quarters.
2Details on cost management strategies in response to fluctuating raw material prices.
3Insights into demand trends for fertilizers and agricultural chemicals.
4Management's outlook on global agricultural markets and potential impacts on sales.
5Any commentary on new product developments or innovations in the pipeline.