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Shares of Ituran Location & Control (NASDAQ:ITRN) remained unaffected after the company reported Q4 results.
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Quarterly Results
Earnings per share were up 6.45% over the past year to $0.33, which missed the estimate of $0.35.
Revenue of $63,613,000 decreased by 3.88% year over year, which beat the estimate of $62,820,000.
Guidance
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Ituran Location & Control hasn't issued any earnings guidance for the time being.
Ituran Location & Control hasn't issued any revenue guidance for the time being.
Technicals
52-week high: $23.54
Company's 52-week low was at $11.01
Price action over last quarter: Up 28.36%
Company Description
Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments namely Telematics services and Telematics products. The Telematics services segment consists of regionally- based stolen vehicle recovery (SVR) services, fleet management services and value-added services comprised of personal advanced locater services and concierge services. The Telematics product segment consists of short and medium range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.