Iteris Inc expected to post breakeven results a share - Earnings Preview

Iteris

30/05/2022 21:41

* Iteris Inc  ITI.OQ   ITI.O  is expected to show a rise in
quarterly revenue when it reports  results on June 1. 
    * The Santa Ana California-based  company is expected to
report  a
9.6% increase in revenue to $34.741 million from $31.71 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Iteris Inc is for
breakeven results per share. For the same quarter last year, the
company reported a loss of 1 cent per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Iteris Inc
is
$6​, above​ its last closing price of $2.77. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.00        0.01       -0.05     Missed  -849.6
 Sep. 30 2021  0.01        0.01       -0.05     Missed  -600
 Jun. 30 2021  0.03        0.03       0.01      Missed  -63.6​
 Mar. 31 2021  0.00        0.00       -0.01     Missed  
 ​​Dec.        0.01        0.01       0.00      Missed  -100
 31 2020                                                
 Sep. 30 2020  0.02        0.02       0.01      Missed  -37.5​
 Jun. 30 2020  -0.03       -0.03      0.25      Beat    992.9
 Mar. 31 2020  0.01        -0.01      0.01      Beat    266.7
 This summary was machine generated May 30 at 20:41 GMT.  All
figures in US dollars  unless otherwise stated