Ituran Location & Control ITRN announces its next round of earnings this Tuesday, August 25. Here is Benzinga's look at Ituran Location & Control's Q2 earnings report.
Earnings and Revenue
Analysts expect Ituran Location & Control earnings of $0.22 per share. Revenue will likely be around $49.61 million, according to the consensus estimate. Ituran Location & Control EPS in the same period a year ago totaled $0.46. Sales were $72.23 million. If the company were to post earnings per share inline with the consensus estimate when it reports Tuesday, EPS would be down 52.17%. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.34 | 0.34 | 0.44 | 0.58 |
| EPS Actual | 0.31 | 0.31 | 0.37 | 0.46 |
| Revenue Estimate | 64.10 M | 65.68 M | 70.09 M | 79.47 M |
| Revenue Actual | 68.37 M | 66.18 M | 69.98 M | 72.23 M |
Stock Performance
Over the last 52-week period, shares are down 46.36%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Ituran Location & Control is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://www.ituran.com/ituranfront/en/about-ituran/investor-relations/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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