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ITRN — Ituran Location and Control News Story

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

* Ituran Location and Control Ltd  ITRN.OQ  reported quarterly
adjusted earnings of 40 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 38 cents per share.
* Revenue fell 1.5% to $67.37 million from a year ago;  analysts
expected $64.65 million. 
* Ituran Location and Control Ltd's reported EPS for the quarter
was 40 cents​.
* The mean earnings estimate of analysts had risen by about 5.6%
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 9.2% this
quarter and gained 21.7% so far this year.
* The company reported quarterly net income of $8.26 million.
* Wall Street's median 12-month price target for Ituran Location
and Control Ltd is $24.00 
* 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 May 25 at 11:45 a.m. GMT.
​All figures in US dollars

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