Ituran Location and Control Ltd reports results for the quarter ended March 31 - Earnings Summary

Ituran Location and Control

28/05/2025 14:31

Ituran Location and Control Ltd ITRN.OQ reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 66 cents.  The mean expectation of two analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 67 cents to 70 cents per share.

Revenue rose 1.7% to $86.46 million from a year ago; analysts expected $89.14 million.

Ituran Location and Control Ltd's reported EPS for the quarter was 73 cents​.

The company reported quarterly net income of $14.59 million.

Ituran Location and Control Ltd shares had risen by 8.5% this quarter and gained 26.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.7% 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 1 "strong buy" or "buy," 1 "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 $46.50

This summary was machine generated from LSEG data May 28 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
Mar. 31 2025
0.69
0.73
Beat
Dec. 31 2024
0.65
0.70
Beat
Sep. 30 2024
0.62
0.69
Beat
Jun. 30 2024
0.61
0.66
Beat