• Ituran Location and Control Ltd ITRN.OQ reported quarterly adjusted earnings of 70 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of two analysts for the quarter was for earnings of 65 cents per share. Wall Street expected results to range from 61 cents to 68 cents per share.

• Revenue rose 6.5% to $82.88 million from a year ago; analysts expected $82.76 million.

• Ituran Location and Control Ltd's reported EPS for the quarter was 70 cents​.

• The company reported quarterly net income of $13.84 million.

• Ituran Location and Control Ltd shares had risen by 29.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 $36.85

This summary was machine generated from LSEG data February 26 at 02:31 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)