Itron Inc expected to post earnings of 75 cents a share - Earnings Preview

Itron

23/02/2024 17:04

* Itron Inc  ITRI.OQ   ITRI.O  is expected to show a rise in
quarterly revenue when it reports  results on February 26 for
the period ending December 31 2023
    * The Liberty Lake Washington-based  company is expected to
report
a 22.0% increase in revenue to $570.234 million from $467.49
million a year ago, according to the mean estimate from 12
analysts, based on LSEG data.The company's guidance on November
2 2023, for the period ended December 31, was for revenue
between $565.00 million and $575.00 million. (Revenue Majority
is on Total Revenue Basis.)
    * ​LSEG's mean analyst estimate for Itron Inc is for
earnings of
75 cents per share. The company's EPS guidance on November 2
2023, for the period ended December 31, was between $0.72 and
$0.80 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 7
"hold" and no "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
$81.50​, above​ its last closing price of $75.09. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.51        0.51       0.98      Beat    92.3
 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.        0.20        0.22       0.23      Beat    5.7
 30 2022                                                
 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. 31 2021  0.20        0.19       0.75      Beat    292.3
 This summary was machine generated February 23 at 17:04 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)