Ituran Location and Control (ITRN) Set to Announce Quarterly Earnings on Monday

Posted by Grant Hamersma on Aug 18th, 2024

Ituran Location and Control (NASDAQ:ITRN – Get Free Report) is set to announce its earnings results before the market opens on Monday, August 19th. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Ituran Location and Control (NASDAQ:ITRN – Get Free Report) last released its quarterly earnings results on Tuesday, May 28th. The industrial products company reported $0.66 earnings per share for the quarter. The company had revenue of $85.03 million during the quarter. Ituran Location and Control had a return on equity of 28.58% and a net margin of 15.30%.

Ituran Location and Control Stock Down 0.2 %

ITRN opened at $27.04 on Friday. The firm has a market cap of $537.93 million, a P/E ratio of 10.82 and a beta of 1.16. The business’s fifty day simple moving average is $25.69 and its 200 day simple moving average is $26.37. Ituran Location and Control has a 52 week low of $24.01 and a 52 week high of $31.01.

Ituran Location and Control Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 18th were paid a dividend of $0.39 per share. The ex-dividend date was Tuesday, June 18th. This represents a $1.56 annualized dividend and a dividend yield of 5.77%. Ituran Location and Control’s dividend payout ratio is currently 62.40%.

Ituran Location and Control Company Profile

(Get Free Report)

Ituran Location and Control Ltd., together with its subsidiaries, provides location based telematics services and machine-to-machine telematics products. It operates through two segments, Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enables to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment.