Ituran Location and Control Second Quarter 2024 Earnings: EPS: US$0.66 (vs US$0.61 in 2Q 2023)

Simply Wall St.08-21

Ituran Location and Control (NASDAQ:ITRN) Second Quarter 2024 Results Key Financial Results Revenue: US$84.9m (up 3.9% from 2Q 2023). Net income: US$13.1m (up 7.2% from 2Q 2023). Profit margin: 16% (...

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NasdaqGS:ITRN Earnings and Revenue History August 21st 2024. All figures shown in the chart above are for the trailing 12 month  period. Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Communications industry in the US.The company's shares are up 8.9% from a week ago.It is worth noting though that we have found 1 warning sign for Ituran Location and Control that you need to take into consideration.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ITRN":"Ituran定位和控制"},"translate_title":"Ituran Location and Control 2024年第二季度收益：每股收益：美国0.66美元（2023年第二季度美国0.61美元）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ITRN":1},"content_text":"Ituran Location and Control (NASDAQ:ITRN) Second Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$84.9m (up 3.9% from 2Q 2023).\nNet income: US$13.1m (up 7.2% from 2Q 2023).\nProfit margin: 16% (in line with 2Q 2023).\nEPS: US$0.66 (up from US$0.61 in 2Q 2023).\n\n\n\n\n  NasdaqGS:ITRN Earnings and Revenue History August 21st 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nIturan Location and Control Earnings Insights\n Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Communications industry in the US. \nPerformance of the American Communications industry.\n The company's shares are up 8.9% from a week ago. \nRisk Analysis\n It is worth noting though that we have found 1 warning sign for Ituran Location and Control that you need to take into consideration. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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