Iteris Inc expected to post earnings of 3 cents a share - Earnings Preview

Iteris

03/08/2021 12:59

* Iteris Inc  ITI.OQ   ITI.O  is expected to show a rise in
quarterly revenue when it reports results on August 5. 
* The Santa Ana, California-based company is expected to report 
 a 16.7% increase in revenue to $32.672 million from $28 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Iteris Inc is for
earnings of 3 cents per share. For the same quarter last year,
the company reported earnings of 25 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
​
* Wall Street's median 12-month price target for Iteris Inc is
$9.5​, about 34.8% above​ its last closing price of $6.19. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.00        0.00       -0.01     Missed  
 Dec. 31 2020  0.01        0.01       0.00      Missed  -100
 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.          0.01​       -0.01      0.01      Beat    266.7​
 31​ 2020​                                              
 Dec. 31 2019  -0.04       -0.03      -0.05     Missed  -47.1​
 Sep. 30 2019  -0.02       -0.02      -0.05     Missed  -100
 Jun. 30 2019  -0.05       -0.05      -0.05     Met     0
 This summary was machine generated August 3 at 11:59 GMT.  All
figures in US dollars unless otherwise stated