ICL: 3 Key Takeaways for Long-Term Investors
On its third quarter of 2026 earnings call, held on Nov. 11, 2026, ICL (NYSE:ICL) targeted the upper end of its full-year guidance range for consolidated earnings before interest, taxes, depreciation, and amortization, or EBITDA, of $1.5 billion to $1.7 billion. For long-term investors, the company's ability to generate cash while executing structural cost cuts determines how well it can weather volatile fertilizer markets. Three things management said stand out. Management launched the ELEVATE cost transformation program to sharpen operational efficiency and reduce external spend. The business aims to achieve more than $150 million in annual profit improvements by the end of 2027 before reaching its multiyear target. Sulfur purchasing costs spiked during the third quarter, creating margin pressure across crop nutrition products. October price relief signals that raw material costs will start benefiting earnings early next year. Continue reading