FMP

FMP

Ituran Location and Control Ltd. (NASDAQ: ITRN) Surpasses Q3 Earnings and Revenue Estimates

  • Ituran Location and Control Ltd. (NASDAQ: ITRN) reported a strong financial performance with an EPS of $0.74, beating the estimated EPS of $0.68.
  • The company's revenue reached $92.28 million, exceeding the forecast of $86.52 million, driven by innovative telematics solutions and strategic partnerships.
  • ITRN's financial health is robust, highlighted by a low debt-to-equity ratio of 0.03 and a solid earnings yield of approximately 7.61%.

Ituran Location and Control Ltd. (NASDAQ: ITRN) is a leading provider of telematics and connected-car products and services. Known for its innovative vehicle tracking and fleet management solutions, the company has broadened its market presence through partnerships with original equipment manufacturers (OEMs) and the introduction of IturanMOB, a cutting-edge smart-mobility solution, in the United States.

On November 18, 2025, ITRN unveiled its earnings before the market opened, demonstrating a robust financial performance. The company achieved an earnings per share (EPS) of $0.74, surpassing the estimated EPS of $0.68. This performance underscores ITRN's effective operational management and its ability to generate higher profits than anticipated. The company's actual revenue was $92.28 million, exceeding the estimated revenue of $86.52 million, which highlights its capability to expand its business and attract more customers.

During the Q3 2025 earnings call, Co-CEO Eyal Sheratzky highlighted the company's success in adding 40,000 net new subscribers, contributing to the record revenue of $92.28 million. This growth is a testament to the company's long-term commitment to delivering state-of-the-art telematics and connected-car products and services. The expansion of partnerships with OEMs and the launch of IturanMOB in the U.S. have further solidified ITRN's position in the market.

ITRN's financial metrics reflect its strong market performance. The company boasts a price-to-earnings (P/E) ratio of approximately 13.14, indicating a reasonable market valuation of its earnings. Its price-to-sales ratio of about 2.15 and enterprise value to sales ratio of around 1.90 suggest that the market values the company's sales positively. The enterprise value to operating cash flow ratio of 8.31 demonstrates how the company's cash flow is valued in relation to its enterprise value.

The company's financial health is further supported by a low debt-to-equity ratio of 0.03, indicating a conservative approach to leveraging debt. Additionally, a current ratio of 2.25 suggests strong liquidity, ensuring the company can cover its short-term liabilities. With an earnings yield of approximately 7.61%, ITRN provides a solid return on investment, making it an attractive option for investors.