Itron Inc expected to post earnings of 9  cents a share - Earnings Preview

Itron

24/02/2023 18:23

* Itron Inc  ITRI.OQ   ITRI.O  is expected to show a fall in
quarterly revenue when it reports  results on February 27. 
    * The Liberty Lake Washington-based  company is expected to
report
 a 10.7% decrease in revenue to $433.638 million from $485.64
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $420.00 million and $460.00 million.
    * ​Refinitiv's mean analyst estimate for Itron Inc is for
earnings
of 9 cents per share. The company's EPS guidance on November 3
2022, for the period ended December 31, was between $0.00 and
$0.15 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "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
$57​, above​ its last closing price of $55.59. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.20        0.19       0.75      Beat    292.3
 ​​Sep.        0.17        0.18       0.21      Beat    16.5
 30 2021                                                
 Jun. 30 2021  0.49        0.48       0.28      Missed  -41.4​
 Mar. 31 2021  0.43        0.42       0.52      Beat    24.6
 Dec. 31 2020  0.30        0.30       0.65      Beat    118.9
 This summary was machine generated February 24 at 18:23 GMT. 
All figures in US dollars  unless otherwise stated