Iteris Inc expected to post earnings of 4  cents a share - Earnings Preview

Iteris

31/05/2023 11:12

* Iteris Inc  ITI.OQ   ITI.O  is expected to show a rise in
quarterly revenue when it reports  results on June 1. 
    * The Austin Texas-based  company is expected to report  a
18.2% increase in revenue to $40.473 million from $34.24 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. The company's guidance on February 2
2023, for the period ended March 31, was for revenue between
$39.40 million and $41.40 million.
    * ​Refinitiv's mean analyst estimate for Iteris Inc is for
earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$5.25​, above​ its last closing price of $4.51. ​​​

The company's guidance on February 2 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD39.4 million and USD4 million.
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 2022  -0.05       -0.05      -0.05     Met     0
 Sep. 30 2022  -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
 ​​Dec.        0.00        0.01       -0.05     Missed  -849.6
 31 2021                                                
 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  
 This summary was machine generated May 31 at 10:11 GMT.  All
figures in US dollars  unless otherwise stated