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

Itron

04/05/2023 15:19

* Itron Inc  ITRI.OQ  reported quarterly adjusted earnings
of 49
cents​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for earnings of
11 cents per share.
    * Revenue rose 4.1% to $494.62 million from a year ago;
analysts
expected $464.25 million. 
    * Itron Inc's reported EPS for the quarter was a loss of 26
cents​.
    * The mean earnings estimate of analysts had fallen by
about 47.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Itron Inc shares had fallen by 2.6% this quarter and
gained 6.7%
so far this year.
    * The company reported a quarterly loss of $11.84 million.
    * Wall Street's median 12-month price target for Itron Inc
is
$60.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 02:18 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.11           0.49           Beat
 Dec. 31 2022      0.09           0.71           Beat
 Sep. 30 2022      0.22           0.23           Beat
 Jun. 30 2022      0.21           0.07           Missed