Itron(ITRI)
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Itron to Announce Third Quarter Results on October 31, 2024
GlobeNewswire News Room· 2024-10-10 20:05
LIBERTY LAKE, Wash., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will release financial results for the quarter ended Sept. 30, 2024 before the opening of market on Thursday, Oct. 31, 2024. The company's press release and financial statements will be available on the company's website at https://investors.itron.com on Oct. 31, 2024 at 8:30 a.m. EDT followed by the management conference ...
Itron Unveils Grid Edge Essentials Solution to Enable Unprecedented Distribution Grid Visibility
GlobeNewswire News Room· 2024-10-07 20:05
LIBERTY LAKE, Wash., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, today unveiled its Grid Edge Essentials solution, an industry-leading, pre-integrated, real-time solution to address the foundational issues utilities face at the grid edge and accelerate the energy transition. With Grid Edge Essentials, Itron simplifies and streamlines the adoption of new technologies, dramatically accelerating time to value by ...
What Makes Itron (ITRI) a New Buy Stock
ZACKS· 2024-10-07 17:01
Investors might want to bet on Itron (ITRI) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual investors ...
ITRI or AME: Which Is the Better Value Stock Right Now?
ZACKS· 2024-10-07 16:46
Investors interested in stocks from the Electronics - Testing Equipment sector have probably already heard of Itron (ITRI) and Ametek (AME) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revisio ...
Itron Report Reveals the Critical Role of AI in Addressing Unprecedented Demand and Safety Challenges for Utilities
GlobeNewswire News Room· 2024-10-07 14:16
LIBERTY LAKE, Wash., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, today released its 2024 Resourcefulness Insight Report ("the report") that explores the current trends and future expectations of artificial intelligence (AI) and machine learning (ML) on utility operations and strategies. The report, Exploring AI for Utilities: The Promise and Challenges of Artificial Intelligence, summarizes key findings from ...
Why Itron (ITRI) Dipped More Than Broader Market Today
ZACKS· 2024-10-01 23:21
In the latest trading session, Itron (ITRI) closed at $105.08, marking a -1.62% move from the previous day. This change lagged the S&P 500's 0.93% loss on the day. Elsewhere, the Dow lost 0.41%, while the tech-heavy Nasdaq lost 1.53%. Heading into today, shares of the energy and water meter company had gained 4.49% over the past month, outpacing the Computer and Technology sector's gain of 2.77% and the S&P 500's gain of 2.17% in that time. Investors will be eagerly watching for the performance of Itron in ...
Itron (ITRI) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-09-24 23:20
Company Performance - Itron's stock closed at $106.90, reflecting a -0.31% change from the previous day, which is less than the S&P 500's daily gain of 0.25% [1] - The stock has increased by 5.45% over the past month, outperforming the Computer and Technology sector's loss of 0.11% and the S&P 500's gain of 1.65% [1] Upcoming Financial Results - Itron is expected to report an EPS of $1.13, representing a 15.31% increase compared to the same quarter last year [2] - Revenue is anticipated to be $596.37 million, indicating a 6.35% rise from the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $4.59 per share, reflecting a +36.61% change from the prior year [3] - Revenue for the fiscal year is estimated at $2.41 billion, representing a +10.76% increase from the previous year [3] Analyst Estimates and Market Sentiment - Recent modifications to analyst estimates for Itron indicate changing near-term business trends, with positive revisions suggesting optimism about the company's outlook [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Itron at 3 (Hold) [6] Valuation Metrics - Itron's Forward P/E ratio is 23.37, which is lower than the industry's average Forward P/E of 25.98 [7] - The company has a PEG ratio of 0.9, significantly below the Electronics - Testing Equipment industry's average PEG ratio of 2.66 [7] Industry Context - The Electronics - Testing Equipment industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 57, placing it in the top 23% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Itron Inspire 2024 Agenda Revealed: Empowering Utilities and Cities with Innovative Solutions
GlobeNewswire News Room· 2024-09-19 12:45
LIBERTY LAKE, Wash., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced the conference schedule for its premier customer-focused event, Itron Inspire 2024, which will be held in Palm Desert, CA, Oct. 4-10, 2024. The in-person conference will bring together industry leaders across energy, water, IIoT and smart cities to address pressing utility challenges and drive the industry forward. "Utilities are faci ...
Itron to Showcase Smart City Solutions at the 2024 Indonesia International Smart City Expo & Forum
GlobeNewswire News Room· 2024-09-16 23:30
LIBERTY LAKE, Wash., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, today announced its participation in the Indonesia International Smart City Expo & Forum (IISMEX), taking place Sept. 18 -20, 2024 at the JIExpo Kemayoran in Jakarta, Indonesia. Itron will showcase its smart city solutions at Itron booth B19 with an emphasis on its latest smart lighting, smart city and smart water solutions. Itron supports citi ...
Itron (ITRI) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-09-16 23:21
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 ...