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

Iteris

08/11/2022 22:53

* Iteris Inc  ITI.OQ  reported a quarterly adjusted loss
of 17
cents​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for a loss
of 3 cents per share.
    * Revenue rose 18.1% to $39.26 million from a year ago;
analysts
expected $36.05 million. 
    * Iteris Inc's reported EPS for the quarter was a loss of 17
cents​.
    * 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 fallen by 5.7% this quarter and
lost 30.0%
so far this year.
    * The company reported a quarterly loss of $7.4 million.
    * Wall Street's median 12-month price target for Iteris Inc
is
$5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
8 at 10:52 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.03          -0.17          Missed
 Jun. 30 2022      -0.05          -0.11          Missed
 Mar. 31 2022      0.00           -0.07          Missed
 Dec. 31 2021      0.01           -0.05          Missed