Ituran Location & Control Q2 2024 GAAP EPS $0.66 Beats $0.60 Estimate, Sales $84.869M Miss $86.100M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ituran Location & Control reported Q2 2024 GAAP EPS of $0.66, beating the estimate of $0.60. However, sales were $84.869 million, missing the estimate of $86.100 million.
August 19, 2024 | 10:42 am
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Ituran Location & Control's Q2 2024 GAAP EPS of $0.66 beat the estimate of $0.60, but sales of $84.869 million missed the estimate of $86.100 million.
The mixed earnings report, with EPS beating estimates but sales missing, is likely to result in a neutral short-term impact on ITRN's stock price. Investors may weigh the positive EPS against the negative sales miss.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100