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

Iteris

06/08/2021 23:16

* Iteris Inc  ITI.OQ  reported quarterly adjusted earnings of 1
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
3 cents per share.
* Revenue rose 21.7% to $34.09 million from a year ago; 
analysts expected $32.67 million. 
* Iteris Inc's reported EPS for the quarter was 1 cents​.
* The mean earnings estimate of analysts had risen by about 65%
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 fallen by 9.0% this quarter and
gained 7.1% so far this year.
* The company reported quarterly net income of $611 thousand.
* Wall Street's median 12-month price target for Iteris Inc is
$9.50 
* 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." 
This summary was machine generated August 6 at 10:16 p.m.  ​All
figures in US dollars unless otherwise stated