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

Iteris

11/06/2024 21:06

* Iteris Inc  ITI.OQ   ITI.O  is expected to show a rise in
quarterly revenue when it reports  results on June 13 for the
period ending March 31 2024
    * The Austin Texas-based  company is expected to report a
0.2% increase in revenue to $42.535 million from $42.44 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Iteris Inc is for
earnings of
3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$7.00​, above​ its last closing price of $4.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.01        0.01       0.01      Met     33.3
 Sep. 30 2023  0.01        0.02       0.01      Missed  -42.9
 Jun. 30 2023  0.00        -0.01      0.05      Beat    766.7​
 Mar. 31 2023              0.04       -0.01     Missed  -128.6
 ​​Dec.        -0.05       -0.05      -0.05     Met     0
 31 2022                                                
 Jan. 1 0001   -0.03       -0.03      -0.17     Missed  -410.1
                                                        ​
 Jun. 30 2022  -0.05       -0.05      -0.11     Missed  -135.7
 Mar. 31 2022  0.00        0.00       -0.07     Missed  -2,202
                                                        .1
 This summary was machine generated June 11 at 20:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)