Itron Inc expected to post earnings of 11  cents a share - Earnings Preview

Itron

02/05/2023 19:36

* Itron Inc  ITRI.OQ   ITRI.O  is expected to show a fall in
quarterly revenue when it reports  results on May 4. 
    * The Liberty Lake Washington-based  company is expected to
report
 a 2.3% decrease in revenue to $464.253 million from $475.33
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on
February 27 2023, for the period ended March 31, was for revenue
between $460.00 million and $475.00 million.
    * ​Refinitiv's mean analyst estimate for Itron Inc is for
earnings
of 11 cents per share. The company's EPS guidance on February 27
2023, for the period ended March 31, was between $0.05 and
$0.15 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 4.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Itron Inc
is
$60​, above​ its last closing price of $53.34. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.09        0.09       0.71      Beat    722.4
 Sep. 30 2022  0.20        0.22       0.23      Beat    5.7
 Jun. 30 2022  0.20        0.21       0.07      Missed  -66.6​
 Mar. 31 2022  0.10        0.08       0.11      Beat    35.8
 ​​Dec.        0.20        0.19       0.75      Beat    292.3
 31 2021                                                
 Sep. 30 2021  0.17        0.18       0.21      Beat    16.5​
 Jun. 30 2021  0.49        0.48       0.28      Missed  -41.4
 Mar. 31 2021  0.43        0.42       0.52      Beat    24.6
 This summary was machine generated May 2 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated