Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the hel ...

Have you been paying attention to shares of Itron (ITRI) ? Shares have been on the move with the stock up 8.7% over the past month. The stock hit a new 52-week high of $113.07 in the previous session. Itron has gained 43.2% since the start of the year compared to the 18.2% move for the Zacks Computer and Technology sector and the 1.4% return for the Zacks Electronics - Testing Equipment industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't mis ...

Itron (ITRI) reported $609.07 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 12.6%. EPS of $1.21 for the same period compares to $0.65 a year ago. The reported revenue represents a surprise of +1.53% over the Zacks Consensus Estimate of $599.9 million. With the consensus EPS estimate being $0.96, the EPS surprise was +26.04%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Itron (ITRI) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 26.04%. A quarter ago, it was expected that this energy and water meter company would post earnings of $0.85 per share when it actually produced earnings of $1.24, delivering a surprise of 45.88%. Over the last four quarters ...

LIBERTY LAKE, Wash., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its second quarter ended June 30, 2024. Key results for the quarter include (compared with the second quarter of 2023): Revenue of $609 million, increased 13%; Gross profit of $210 million, increased 21%; GAAP net income attributable to Itron, Inc. of $51 million, increased $27 million; GAAP diluted earnings per sha ...

The market expects Itron (ITRI) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 1, 2024, might help the stock move higher if these key numbers are better ...

After reaching an important support level, Itron (ITRI) could be a good stock pick from a technical perspective. ITRI surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend. ITRI has rallied 9.9% over the past four weeks, and the company is a Zacks Rank #2 (Buy) at the moment. This combination suggests ITRI could be on the verge of another move higher. With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their ey ...

| --- | --- | |-------------------------------------------------------|-------| | | | | Alison Mallahan | | | Senior Manager, Corporate Communications 509-891-3802 | | | PR@Itron.com | | | Paul Vincent | | | Vice President, Investor Relations | | | 512-560-1172 | | | Investors@itron.com | | | | | "Our customers continue to pioneer new solutions, leveraging the innovations made possible with our partner enablement program. To showcase what's possible and to recognize our customers' abilities to solve challen ...

Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: www.itron.com. In 2023, the award was presented to Tampa Electric Company for its Smart Cities and Load ...

Cyble 5 presents a unique solution that supports utilities such as Severn Trent Water in their journey toward digitalizing their water and gas distribution networks. The system is designed to convert mechanical meters into communication data points, allowing efficient drive-by Automated Meter Reading(AMR) and IoT data collection, ultimately improving billing accuracy. Itron, based in Liberty Lake, WA, is a global technology and services company. It is a leading supplier of a wide range of standard, advanced ...