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

Iteris

13/06/2023 23:32

* Iteris Inc  ITI.OQ  reported a quarterly adjusted loss of
1
cent​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
4 cents per share.
    * Revenue rose 24% to $42.44 million from a year ago;
analysts
expected $40.47 million. 
    * Iteris Inc's reported EPS for the quarter was a loss of 1
cent​.
    * The mean earnings estimate of analysts was unchanged 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 0.6% this quarter and
gained 51.8% so far this year.
    * The company reported a quarterly loss of $544 thousand.
    * Wall Street's median 12-month price target for Iteris Inc
is
$5.25 
    * 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 LSEG Refinitiv data June
13 at 10:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.04           -0.01          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