Ituran Location and Control Ltd reports results for the quarter ended in December - Earnings Summary

Ituran Location and Control

07/03/2022 12:37

* Ituran Location and Control Ltd  ITRN.OQ  reported
quarterly
adjusted earnings of 46 cents​​ per share for the quarter ended
in December. The mean expectation of two analysts for the
quarter was for earnings of 46 cents per share.
    * Revenue rose 10.6% to $70.36 million from a year ago; 
analysts
expected $70.03 million. 
    * Ituran Location and Control Ltd's reported EPS for the
quarter
was 46 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. 
    * Ituran Location and Control Ltd shares had fallen by 21.3%
this
quarter.
    * The company reported quarterly net income of $9.58
million.
    * Wall Street's median 12-month price target for Ituran
Location
and Control Ltd is $32.00 
    * 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." 

This summary was machine generated March 7 at 12:37 p.m.  ​All
figures in US dollars unless otherwise stated