TASE:ISCDConsumer Finance
Isracard (TASE:ISCD) Stock Price Slumps Despite Return To Profit
Isracard came into this earnings release with a bruised share price. The stock is down about 28% over the past three months, despite the company reporting a 12 month period of profitability and trading on a P/E of 14.6x. The expectation gap is clear. The market has been treating Isracard like a problem story, while the latest quarter shows Basic EPS of ₪0.25 on revenue of ₪871m and net income of ₪80m. The core question now is how investors weigh that profit line against the company’s debt...