Stock Analysis
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- NasdaqGS:ITRN
Ituran Location and Control First Quarter 2024 Earnings: EPS: US$0.66 (vs US$0.56 in 1Q 2023)
Ituran Location and Control (NASDAQ:ITRN) First Quarter 2024 Results
Key Financial Results
- Revenue: US$85.0m (up 7.0% from 1Q 2023).
- Net income: US$13.0m (up 15% from 1Q 2023).
- Profit margin: 15% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue.
- EPS: US$0.66 (up from US$0.56 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ituran Location and Control shares are up 3.9% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Ituran Location and Control that you need to take into consideration.
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About NasdaqGS:ITRN
Ituran Location and Control
Provides location based telematics services and machine-to-machine telematics products.
Outstanding track record with flawless balance sheet and pays a dividend.