Ituran Location and Control Ltd. (NASDAQ: ITRN) Quarterly Earnings Overview

• Earnings per share estimated at $0.70 with projected revenue of $88.47 million.
• Announced a dividend distribution of $0.50 per share, totaling $10 million.
• Significant growth with over 2.5 million subscribers, boosted by a new agreement with Stellantis.

Ituran Location and Control Ltd. (NASDAQ: ITRN) is a company that specializes in providing location-based services, primarily focusing on vehicle tracking and recovery. The company is set to release its quarterly earnings on May 28, 2025, with analysts estimating an earnings per share of $0.70 and projected revenue of $88.47 million.

In the first quarter of 2025, ITRN announced a dividend distribution of $0.50 per share, totaling $10 million. This decision aligns with Israeli law and ensures the company's operational capabilities remain intact. The dividend will be distributed to shareholders on July 2, 2025, after a 25% tax deduction, reducing retained earnings from $230.7 million to $220.7 million.

ITRN has achieved significant growth, surpassing 2.5 million subscribers with a net addition of 99,000 in the first quarter. This growth is partly due to a new telematics service agreement with Stellantis, the largest car manufacturer in Latin America. The agreement led to Stellantis switching its SVR subscriber base to ITRN, boosting subscriber numbers.

The company's financial metrics reflect its market position. With a P/E ratio of 14.55, ITRN's earnings are valued favorably by the market. Its price-to-sales ratio of 2.32 and enterprise value to sales ratio of 2.12 indicate a strong market valuation relative to sales. The enterprise value to operating cash flow ratio of 9.63 shows how cash flow is valued in relation to enterprise value.

ITRN maintains a low debt-to-equity ratio of 0.05, indicating minimal reliance on debt. The current ratio of 2.25 suggests a strong ability to cover short-term liabilities with short-term assets. The earnings yield of 6.87% provides insight into the earnings generated from each dollar invested in the stock, highlighting the company's profitability.