Cellcom Israel First Quarter 2024 Earnings: EPS: ₪0.04 (vs ₪0.26 in 1Q 2023)

Cellcom Israel (TLV:CEL) First Quarter 2024 Results

Key Financial Results

• Revenue: ₪1.14b (up 5.7% from 1Q 2023).
• Net income: ₪7.00m (down 84% from 1Q 2023).
• Profit margin: 0.6% (down from 4.0% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: ₪0.04 (down from ₪0.26 in 1Q 2023).

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

Cellcom Israel shares are down 4.2% from a week ago.

Risk Analysis

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

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