Itron Inc expected to post earnings of 51  cents a share - Earnings Preview

Itron

31/10/2023 18:40

* Itron Inc  ITRI.OQ   ITRI.O  is expected to show a rise in
quarterly revenue when it reports  results 
    * The Liberty Lake Washington-based  company is expected to
report
 a 28.4% increase in revenue to $540.367 million from $420.86
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on
August 3 2023, for the period ended September 30, was for
revenue between $535.00 million and $545.00 million.
    * ​Refinitiv's mean analyst estimate for Itron Inc is for
earnings
of 51 cents per share. The company's EPS guidance on August 3
2023, for the period ended September 30, was between $0.44 and
$0.56 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Itron Inc
is
$75.5​, above​ its last closing price of $56.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.31        0.31       0.65      Beat    113.1
 Mar. 31 2023  0.11        0.11       0.49      Beat    358.9
 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.        0.20        0.21       0.07      Missed  -66.6
 30 2022                                                
 Mar. 31 2022  0.10        0.08       0.11      Beat    35.8​
 Dec. 31 2021  0.20        0.19       0.75      Beat    292.3
 Sep. 30 2021  0.17        0.18       0.21      Beat    16.5
 This summary was machine generated October 31 at 18:40 GMT.  All
figures in US dollars  unless otherwise stated