Ituran Location and Control Ltd reports results for the quarter ended June 30 - Earnings Summary
Ituran Location and Control Ltd reports results for the quarter ended June 30 - Earnings Summary
Ituran Location and Control Ltd ITRN.OQ reported quarterly adjusted earnings of 88 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of two analysts for the quarter was for earnings of 87 cents per share. Wall Street expected results to range from 86 cents to 88 cents per share.
Revenue rose 20.7% to $104.79 million from a year ago; analysts expected $99.85 million.
Ituran Location and Control Ltd's reported EPS for the quarter was 88 cents.
The company reported quarterly net income of $17.33 million.
Ituran Location and Control Ltd shares had fallen by 13.7% this quarter and gained 22.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.1% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"
Wall Street's median 12-month price target for Ituran Location and Control Ltd is $73.50, about 28.4% above its last closing price of $52.66
This summary was machine generated from LSEG data August 12 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.87 | 0.88 | Beat |
Mar. 31 2026 | 0.80 | 0.85 | Beat |
Dec. 31 2025 | 0.75 | 0.78 | Beat |
Sep. 30 2025 | 0.69 | 0.74 | Beat |
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