Itron Inc reports results for the quarter ended in December - Earnings Summary

Itron

27/02/2023 14:33

* Itron Inc  ITRI.OQ  reported quarterly adjusted earnings
of 71
cents​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for earnings of
9 cents per share.
    * Revenue fell 3.7% to $467.49 million from a year ago;
analysts
expected $433.64 million. 
    * Itron Inc's reported EPS for the quarter was 49 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Itron Inc shares had risen by 7.9% this quarter.
    * The company reported quarterly net income of $22.21
million.
    * Wall Street's median 12-month price target for Itron Inc
is
$57.00 
    * 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." 

This summary was machine generated from Refinitiv data February
27 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.09           0.71           Beat
 Sep. 30 2022      0.22           0.23           Beat
 Jun. 30 2022      0.21           0.07           Missed
 Mar. 31 2022      0.08           0.11           Beat