TASE:HARLInsurance
Harel (TASE:HARL) Stock Backed By Strong Profits And Sharper Margins
Harel Insurance Investments & Financial Services stock came into this earnings print after a solid run, with investors already paying a P/E of 12.6x and a price above one prominent cash flow estimate. Today's move now hangs on a simple question for you: Do the new Q2 numbers justify that confidence or not?
The headline is clear: Harel delivered another hefty profit quarter, with Q2 basic earnings per share of ₪5.20 on revenue of ₪5.7b, and trailing net margins running at 14.6%. The share...