Bezeq The Israel Telecommunication First Quarter 2024 Earnings: EPS: ₪0.11 (vs ₪0.11 in 1Q 2023)

Bezeq The Israel Telecommunication (TLV:BEZQ) First Quarter 2024 Results

Key Financial Results

• Revenue: ₪2.26b (down 2.3% from 1Q 2023).
• Net income: ₪295.0m (down 5.1% from 1Q 2023).
• Profit margin: 13% (in line with 1Q 2023).
• EPS: ₪0.11 (in line with 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bezeq The Israel Telecommunication Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.9% growth forecast for the Telecom industry in Asia.

Performance of the market in Israel.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Bezeq The Israel Telecommunication you should be aware of.

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