Ituran Location & Control: Q2 Earnings Insights

  Ituran Location & Control (NASDAQ:ITRN) reported its Q2 earnings results on Monday, August 29, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

 

Ituran Location & Control (NASDAQ:ITRN) reported its Q2 earnings results on Monday, August 29, 2022 at 06:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Ituran Location & Control missed estimated earnings by 8.51%, reporting an EPS of $0.43 versus an estimate of $0.47.

Revenue was up $5.93 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 1.99% increase in the share price the next day.

Here’s a look at Ituran Location & Control’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.47 0.46 0.43 0.39
EPS Actual 0.43 0.46 0.46 0.44
Revenue Estimate 74.13M 70.03M 67.90M 65.85M
Revenue Actual 72.07M 70.36M 65.70M 67.46M

To track all earnings releases for Ituran Location & Control visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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