Ituran Location & Control (NASDAQ:ITRN) is gearing up to announce its quarterly earnings on Thursday, 2024-11-21. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Ituran Location & Control will report an earnings per share (EPS) of $0.66.
The announcement from Ituran Location & Control is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
The company's EPS beat by $0.05 in the last quarter, leading to a 2.62% increase in the share price on the following day.
Here's a look at Ituran Location & Control's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.61 | 0.59 | 0.6 | 0.58 |
| EPS Actual | 0.66 | 0.66 | 0.6 | 0.63 |
| Price Change % | 3.0% | -0.0% | 1.0% | 1.0% |
Market Performance of Ituran Location & Control's Stock
Shares of Ituran Location & Control were trading at $27.18 as of November 18. Over the last 52-week period, shares are up 9.29%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Ituran Location & Control visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
