Itron: Q1 Earnings Insights

Itron ITRI reported its Q1 earnings results on Thursday, May 4, 2023 at 08:30 AM.

Here's what investors need to know about the announcement.

Earnings

Itron beat estimated earnings by 345.45%, reporting an EPS of $0.49 versus an estimate of $0.11.

Revenue was up $19.29 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.62 which was followed by a 7.79% increase in the share price the next day.

Here's a look at Itron's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.09 0.22 0.21 0.08
EPS Actual 0.71 0.23 0.07 0.11
Revenue Estimate 433.64M 461.42M 486.71M 488.49M
Revenue Actual 467.49M 420.86M 431.88M 475.33M

To track all earnings releases for Itron visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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