Ituran Shares Tick Higher Ahead of Results
Ituran Location and Control shares rose 0.39% to $57.17 on Nasdaq Wednesday, ahead of its first-quarter results due May 26. The company, valued at $1.14 billion, last reported quarterly revenue of $93.5 million and 77 cents EPS, with 76% of revenue from subscriptions. Analyst targets range from $55 to $70. The stock remains below its 52-week high of $62.31.