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

Ituran Location and Control

28/02/2023 12:54

* Ituran Location and Control Ltd  ITRN.OQ  reported
quarterly
adjusted earnings of 47 cents​​ per share for the quarter ended
in December. The mean expectation of two analysts for the
quarter was for earnings of 52 cents per share.
    * Revenue rose 6.5% to $74.95 million from a year ago;
analysts
expected $74.60 million. 
    * Ituran Location and Control Ltd's reported EPS for the
quarter
was 47 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1% 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 risen by 4.1%
this
quarter.
    * The company reported quarterly net income of $9.57
million.
    * Wall Street's median 12-month price target for Ituran
Location
and Control Ltd is $27.50 
    * 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 from Refinitiv data February
28 at 12:54 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.52           0.47           Missed
 Sep. 30 2022      0.46           0.49           Beat
 Jun. 30 2022      0.47           0.43           Missed
 Mar. 31 2022      0.48           0.43           Missed