Itron Inc reports results for the quarter ended June 30 - Earnings Summary
Itron Inc reports results for the quarter ended June 30 - Earnings Summary
Itron Inc ITRI.OQ reported quarterly adjusted earnings of $1.59 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.62. The mean expectation of eleven analysts for the quarter was for earnings of $1.29 per share. Wall Street expected results to range from $1.26 to $1.32 per share.
Revenue fell 7.2% to $562.90 million from a year ago; analysts expected $566.08 million.
Itron Inc's reported EPS for the quarter was $1.19.
The company reported quarterly net income of $53.27 million.
Itron Inc shares had fallen by 2.0% this quarter and lost 8.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 5.1% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy"
Wall Street's median 12-month price target for Itron Inc is $130.00, about 34.8% above its last closing price of $84.78
This summary was machine generated from LSEG data July 28 at 01:32 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.29 | 1.59 | Beat |
Mar. 31 2026 | 1.25 | 1.49 | Beat |
Dec. 31 2025 | 2.19 | 2.46 | Beat |
Sep. 30 2025 | 1.47 | 1.54 | Beat |
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