Itron Inc expected to post earnings of 84 cents a share - Earnings Preview

Itron

30/04/2024 15:48

* Itron Inc  ITRI.OQ   ITRI.O  is expected to show a rise in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Liberty Lake Washington-based  company is expected to
report
a 17.2% increase in revenue to $579.487 million from $494.62
million a year ago, according to the mean estimate from 12
analysts, based on LSEG data.The company's guidance on February
26 2024, for the period ended March 31, was for revenue between
$575.00 million and $585.00 million. (Revenue Majority is on
Total Revenue Basis.)
    * ​LSEG's mean analyst estimate for Itron Inc is for
earnings of
84 cents per share. The company's EPS guidance on February 26
2024, for the period ended March 31, was between $0.80 and
$0.90 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Itron Inc
is
$105.00​, above​ its last closing price of $94.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.76        0.75       1.23      Beat    63.2
 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.        0.09        0.09       0.71      Beat    722.4
 31 2022                                                
 Jan. 1 0001   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
 This summary was machine generated April 30 at 14:48 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)