Itron (ITRI) closed at $103.41 in the latest trading session, marking a +0.85% move from the prior day. This change outpaced the S&P 500's 0.13% gain on the day. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, lost 0.52%. Coming into today, shares of the energy and water meter company had gained 5.64% in the past month. In that same time, the Computer and Technology sector gained 1.56%, while the S&P 500 gained 3.67%. Investors will be eagerly watching for the performance of Itron in it ...

Itron's (ITRI) shares have been performing well on the trading front, with a gain of 31.9% year to date (YTD) compared with 16.2% and 2.9% growth of the S&P 500 composite and the sub-industry, respectively. Solid financial performance is driving the stock's performance. The company's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters with an average surprise of 57%. Closing at $99.65 as of yesterday's trading session, ITRI stock is currently trading 11.9% below its 52-week ...

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. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks ...

Itron's (ITRI) shares have been performing well on the trading front, with a gain of 33.1% year to date compared with 19.2% and 2.5% growth of the S&P 500 composite and the sub-industry, respectively. The stock is down 16.4% from its 52-week high level of $113.07, reflecting further potential upside. Headquartered in Liberty Lake, WA, Itron is one of the leading global suppliers of a wide range of standard, advanced and smart meters and meter communication systems. It also provides networks and communicatio ...

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 ...