ITE Group (ITE) Posts Earnings Results, Misses Estimates By $0.10 EPS
ITE Group (LON:ITE) issued its quarterly earnings data on Tuesday. The company reported GBX 4.90 ($0.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 5 ($0.07) by GBX (0.10) ($0.00), Digital Look Earnings reports.
ITE stock traded up GBX 0.20 ($0.00) during trading on Thursday, hitting GBX 59 ($0.77). The company had a trading volume of 2,316,826 shares, compared to its average volume of 242,645. ITE Group has a fifty-two week low of GBX 148 ($1.93) and a fifty-two week high of GBX 197 ($2.57).
The business also recently declared a dividend, which will be paid on Monday, February 4th. Investors of record on Thursday, January 3rd will be paid a GBX 1 ($0.01) dividend. This represents a yield of 1.7%. The ex-dividend date is Thursday, January 3rd.
In other ITE Group news, insider Andrew Beach acquired 33,500 shares of ITE Group stock in a transaction on Thursday, October 25th. The shares were bought at an average price of GBX 60 ($0.78) per share, with a total value of £20,100 ($26,264.21). Also, insider Mark Shashoua acquired 80,000 shares of ITE Group stock in a transaction on Monday, October 22nd. The stock was acquired at an average cost of GBX 61 ($0.80) per share, for a total transaction of £48,800 ($63,765.84). In the last ninety days, insiders purchased 143,500 shares of company stock worth $8,780,000.
ITE Group Company Profile
ITE Group plc organizes trade exhibitions and conferences worldwide. The company serves various industrial sectors, such as building and interiors; food, drink, and hospitality; oil, gas, and energy; travel and tourism; transportation and logistics; security and protection; fashion, clothing, and textiles; engineering and industrial; electronic and electrical technology; healthcare and medical; mining; beauty and cosmetics; automotive; construction and machinery; paper, print, and packaging; agriculture; aerospace; books and publishing; business services; chemicals and coatings; cleaning and hygiene; education and careers; furniture; food ingredients and technology; IT and telecoms; jewelry; leisure and work boats; lighting; plastics; real estate; sport and leisure; and woodworking and forestry.
Featured Story: What is the NASDAQ?
Receive News & Ratings for ITE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITE Group and related companies with MarketBeat.com's FREE daily email newsletter.