Ituran Location & Control: Q3 Earnings Insights

Ituran Location & Control (NASDAQ:ITRN) reported its Q3 earnings results on Monday, November 27, 2023 at 06:30 AM.…

Ituran Location & Control (NASDAQ:ITRN) reported its Q3 earnings results on Monday, November 27, 2023 at 06:30 AM.

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

Earnings

Ituran Location & Control beat estimated earnings by 8.62%, reporting an EPS of $0.63 versus an estimate of $0.58.

Revenue was up $8.39 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 1.33% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.53 0.53 0.52 0.46
EPS Actual 0.43 0.56 0.47 0.49
Revenue Estimate 80.90M 79.70M 74.60M 71.09M
Revenue Actual 81.64M 79.47M 74.95M 72.66M

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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