Itron Inc expected to post earnings of 96 cents a share - Earnings Preview

Itron

30/07/2024 19:34

* Itron Inc  ITRI.OQ   ITRI.O  is expected to show a rise in
quarterly revenue when it reports  results on August 1 for the
period ending June 30 2024
    * The Liberty Lake Washington-based  company is expected to
report
a 10.8% increase in revenue to $599.615 million from $541.07
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.The company's guidance on May 2
2024, for the period ended June 30, was for revenue between
$595.00 million and $605.00 million. (Revenue Majority is on
Total Revenue Basis.)
    * ​LSEG's mean analyst estimate for Itron Inc is for
earnings of
96 cents per share. The company's EPS guidance on May 2 2024,
for the period ended June 30, was between $0.90 and $1.00 
    * 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Itron Inc
is
$115.00​, above​ its last closing price of $103.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.84        0.84       1.24      Beat    48
 Dec. 31 2024  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.        0.11                   0.49              358.9
 31 2023                                                
 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
 This summary was machine generated July 30 at 18:33 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)