Iteris Inc reports results for the quarter ended in December - Earnings Summary

Iteris

02/02/2023 22:02

* Iteris Inc  ITI.OQ  reported a quarterly adjusted loss
of 5
cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for a loss of 5
cents per share.
    * Revenue rose 27.1% to $40.69 million from a year ago;
analysts
expected $37.73 million. 
    * Iteris Inc's reported EPS for the quarter was a loss of 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 350%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Iteris Inc shares had risen by 20.3% this quarter.
    * The company reported a quarterly loss of $2.05 million.
    * Wall Street's median 12-month price target for Iteris Inc
is
$4.50 
    * 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." 

This summary was machine generated from Refinitiv data February
2 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.05          -0.05          Met
 Sep. 30 2022      -0.03          -0.17          Missed
 Jun. 30 2022      -0.05          -0.11          Missed
 Mar. 31 2022      0.00           -0.07          Missed