Ituran: 4Q Earnings Snapshot

Ituran: 4Q Earnings Snapshot

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AZOOR, Israel (AP) _ Ituran Location & Control Ltd. (ITRN) on Monday reported fourth-quarter profit of $15.2 million.

The Azoor, Israel-based company said it had profit of 71 cents per share. Earnings, adjusted for non-recurring costs, were 74 cents per share.

The maker of tracking and communications technology for vehicles posted revenue of $79.2 million in the period.

For the year, the company reported profit of $64.5 million, or $3.06 per share. Revenue was reported as $253.3 million.

Ituran shares have climbed 14 percent since the beginning of the year. The stock has climbed slightly more than 3 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITRN at https://www.zacks.com/ap/ITRN

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