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Cellcom Israel Ltd. (NYSE:CEL) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 52% to $1.14 in the quarter versus EPS of $0.75 in the year-earlier quarter. Revenue Rose 241.44% to $1.41 billion from the year-earlier quarter.
Cellcom Israel Ltd. reported adjusted EPS income of $1.14 per share. By that measure, the company beat the mean analyst estimate of $0.96. It missed the average revenue estimate of $1.41 billion.