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

Itron

03/11/2022 14:16

* Itron Inc  ITRI.OQ  reported quarterly adjusted earnings
of 23
cents​​ per share for the quarter ended in September. The mean
expectation of ten analysts for the quarter was for earnings of
22 cents per share.
    * Revenue fell 13.6% to $420.86 million from a year ago;
analysts
expected $461.43 million. 
    * Itron Inc's reported EPS for the quarter was 9 cents​.
    * The mean earnings estimate of analysts had fallen by
about 35.5%
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 10.4% this quarter and
lost 32.1%
so far this year.
    * The company reported quarterly net income of $4.12
million.
    * Wall Street's median 12-month price target for Itron Inc
is
$58.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 02:16 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.22           0.23           Beat
 Jun. 30 2022      0.21           0.07           Missed
 Mar. 31 2022      0.08           0.11           Beat
 Dec. 31 2021      0.19           0.75           Beat