Financial Services News

Harel Insurance Investments & Financial Services Third Quarter 2022 Earnings: EPS: ₪0.40 (vs ₪1.30 in 3Q 2021)

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Harel Insurance Investments & Financial Services (TLV:HARL) Third Quarter 2022 Results

Key Financial Results

  • Revenue: ₪2.84b (down 48% from 3Q 2021).
  • Net income: ₪85.0m (down 69% from 3Q 2021).
  • Profit margin: 3.0% (down from 5.1% in 3Q 2021). The decrease in margin was driven by lower revenue.
  • EPS: ₪0.40 (down from ₪1.30 in 3Q 2021).
earnings-and-revenue-history
TASE:HARL Earnings and Revenue History December 1st 2022

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

Harel Insurance Investments & Financial Services’ share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example – Harel Insurance Investments & Financial Services has 1 warning sign we think you should be aware of.

Valuation is complex, but we’re helping make it simple.

Find out whether Harel Insurance Investments & Financial Services is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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