Benzinga | Aug 24, 2020 11:06AM EDT

Earnings Outlook for Ituran Location & Control

Ituran Location & Control (NASDAQ: ITRN) announces its next round of earnings this Tuesday, August 25. Here is Benzinga's look at Ituran Location & Control's Q2 earnings report.

Earnings and Revenue

Analysts expect Ituran Location & Control earnings of $0.22 per share. Revenue will likely be around $49.61 million, according to the consensus estimate. Ituran Location & Control EPS in the same period a year ago totaled $0.46. Sales were $72.23 million. If the company were to post earnings per share inline with the consensus estimate when it reports Tuesday, EPS would be down 52.17%. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate 0.34 0.34 0.44 0.58EPS Actual 0.31 0.31 0.37 0.46Revenue Estimate 64.10 M 65.68 M 70.09 M 79.47 MRevenue Actual 68.37 M 66.18 M 69.98 M 72.23 M

Stock Performance

Over the last 52-week period, shares are down 46.36%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Ituran Location & Control is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://www.ituran.com/ituranfront/en/about-ituran/investor-relations/