Ituran Location and Control Ltd expected to post earnings of 48  cents a share - Earnings Preview

Ituran Location and Control

20/05/2022 14:01

* Ituran Location and Control Ltd  ITRN.OQ   ITRN.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 24. 
    * The Azor Israel-based   company is expected to report  a
10.0% increase in revenue to $74.127 million from $67.37 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ituran Location and
Control Ltd is for earnings of 48 cents per share. For the same
quarter last year, the company reported earnings of 40 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 $26.5​, above​ its last closing price
of $23.00. ​​​

This summary was machine generated May 20 at 13:01 GMT.  All
figures in US dollars  unless otherwise stated