Shares of Ituran Location & Control (NASDAQ:ITRN) were unchanged at $16.88 after the company reported Q1 results.
Earnings per share decreased 38.00% over the past year to $0.31, which missed the estimate of $0.34.
Revenue of $68,374,000 less by 7.11% from the same period last year, which beat the estimate of $64,100,000.
Ituran Location & Control hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: May 13, 2020
Time: 06:52 PM ET
Webcast URL: https://www.ituran.co.il/ituranfront/about/invest/
Company's 52-week high was at $34.75
Company's 52-week low was at $11.01
Price action over last quarter: down 13.26%
Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments namely Telematics services and Telematics products. The Telematics services segment consists of regionally- based stolen vehicle recovery (SVR) services, fleet management services and value-added services comprised of personal advanced locater services and concierge services. The Telematics product segment consists of short and medium range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification.