ICL Group's stock surged 5.02% during pre-market trading on Wednesday, following the release of its first-quarter 2026 financial results.
The specialty minerals company reported adjusted earnings of $0.11 per diluted share for Q1, beating analyst estimates. Sales for the quarter reached $2.02 billion, also exceeding expectations and representing a significant increase from the same period last year.
ICL Group raised its full-year 2026 adjusted EBITDA guidance to a range of $1.5 billion to $1.7 billion, up from its previous outlook. The strong quarterly performance was driven by higher potash prices and increased sales volumes, particularly to China and Brazil, alongside improved pricing for bromine-based flame retardants and the expansion of its specialty fertilizer operations in India.