Don’t miss out on the highly anticipated second quarter financial results of Ituran Location & Control Ituran Location & Control (NASDAQ: ITRN) set to be unveiled on Monday 19th August 2024. Be prepared to seize this valuable opportunity to analyze the company’s financial performance before market open.
According to the predictions of financial experts on Wall Street, the enterprise is expected to announce an anticipated $0.61 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $86.1 million for the period.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.43. This was a direct result of the company’s total revenue, which amounted to an impressive $81.65 million during that specific period.
Wall street experts have shared their forecasts for the company’s annual performance, indicating that they predict the company will achieve a total revenue of $342.6 million. Additionally, they are expecting the earnings per share for the company to hit profit of $2.55 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.66 | +17.9% | 85.03 M | +7.0% |
| Q4 2023 | $0.60 | +27.7% | 77.81 M | +3.8% |
| Q3 2023 | $0.63 | +28.6% | 81.05 M | +11.5% |
| Q2 2023 | $0.43 | 0% | 81.65 M | +11.3% |
*Growth on year-over-year basis
ITRN will host a conference call with investment community on 19th August 2024 at 09:00 AM eastern time to discuss the financial results.
Ituran Location & Control (ITRN) experienced a trading range of $26.96 to $27.50, along with a total volume of 89.00 thousand shares during the day. The stock concluded Friday’s regular trading session at $27.04, indicating decrease of 0.22 percent.
