ITE Group (LON:ITE) posted its quarterly earnings data on Tuesday. The company reported GBX 4.90 ($0.06) EPS for the quarter, missing analysts’ consensus estimates of GBX 5 ($0.07) by GBX (0.10) ($0.00), Digital Look Earnings reports.
Shares of ITE opened at GBX 59.10 ($0.77) on Tuesday. ITE Group has a 12-month low of GBX 148 ($1.93) and a 12-month high of GBX 197 ($2.57).
ITE has been the topic of a number of recent analyst reports. Peel Hunt raised ITE Group to an “add” rating and reduced their price objective for the stock from GBX 85 ($1.11) to GBX 80 ($1.05) in a research note on Monday, October 22nd. Numis Securities reissued a “buy” rating on shares of ITE Group in a research note on Wednesday, October 3rd.
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About ITE Group
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.
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