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

Ituran Location and Control

23/08/2021 13:34

* Ituran Location and Control Ltd  ITRN.OQ  reported quarterly
adjusted earnings of 44 cents​​ per share for the quarter ended
in June. The mean expectation of two analysts for the quarter
was for earnings of 40 cents per share.
* Revenue rose 26.5% to $67.46 million from a year ago; 
analysts expected $65.85 million. 
* Ituran Location and Control Ltd's reported EPS for the quarter
was 44 cents​.
* The mean earnings estimate of analysts had risen by about 1.3%
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 7.9% this
quarter and gained 31.7% so far this year.
* The company reported quarterly net income of $9.11 million.
* Wall Street's median 12-month price target for Ituran Location
and Control Ltd is $27.00 
* 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 August 23 at 12:34 p.m.  ​All
figures in US dollars unless otherwise stated