Bezeq The Israel Telecommunication Second Quarter 2024 Earnings: EPS: ₪0.10 (vs ₪0.12 in 2Q 2023)

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

Key Financial Results

• Revenue: ₪2.19b (down 4.7% from 2Q 2023).
• Net income: ₪287.0m (down 16% from 2Q 2023).
• Profit margin: 13% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: ₪0.10 (down from ₪0.12 in 2Q 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 shares are up 1.4% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Bezeq The Israel Telecommunication.

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