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

Ituran Location and Control

24/05/2022 14:31

* Ituran Location and Control Ltd  ITRN.OQ  reported
quarterly
adjusted earnings of 43 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 48 cents per share.
    * Revenue rose 7% to $72.07 million from a year ago; 
analysts
expected $74.13 million. 
    * Ituran Location and Control Ltd's reported EPS for the
quarter
was 43 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4% 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 2.0%
this
quarter and lost 12.0% so far this year.
    * The company reported quarterly net income of $8.73
million.
    * Wall Street's median 12-month price target for Ituran
Location
and Control Ltd is $26.50 
    * 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 May 24 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated