• Ituran Location and Control Ltd ITRN.OQ reported quarterly adjusted earnings of 67 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 66 cents. The mean expectation of two analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 69 cents to 73 cents per share.

• Revenue rose 2.3% to $86.79 million from a year ago; analysts expected $90.94 million.

• Ituran Location and Control Ltd's reported EPS for the quarter was 67 cents​.

• The company reported quarterly net income of $13.45 million.

• Ituran Location and Control Ltd shares had risen by 4.0% this quarter and gained 29.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"

• Wall Street's median 12-month price target for Ituran Location and Control Ltd is $47.00, about 14.3% above its last closing price of $40.28

This summary was machine generated from LSEG data August 19 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)