Ituran Location and Control Ltd expected to post earnings of 40 cents a share - Earnings Preview

Ituran Location and Control

20/08/2021 13:32

* Ituran Location and Control Ltd  ITRN.OQ   ITRN.O  is expected
to show a rise in quarterly revenue when it reports results on
August 23 (estimated). 
* The Azor, Israel-based company is expected to report   a
23.5% increase in revenue to $65.853 million from $53.31 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
​* Refinitiv's mean analyst estimate for Ituran Location and
Control Ltd is for earnings of 40 cents per share. For the same
quarter last year, the company reported earnings of 34 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "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 Ituran Location
and Control Ltd is $27​, about 7.5% above​ its last closing
price of $24.97. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.38        0.38       0.40      Beat    5.3
 Dec. 31 2020  0.35        0.35       0.33      Missed  -5.7
 Sep. 30 2020  0.31        0.32       0.45      Beat    42.9​
 Jun. 30 2020  0.21        0.22       0.34      Beat    54.5
 Mar.          0.34​       0.35       0.31      Missed  -10.1​
 31​ 2020​                                              
 Dec. 31 2019  0.34        0.34       0.31      Missed  -8.8​
 Sep. 30 2019  0.44        0.45       0.37      Missed  -16.9
 Jun. 30 2019  0.51        0.51       0.46      Missed  -9.8
 This summary was machine generated August 20 at 12:32 GMT.  All
figures in US dollars unless otherwise stated