Core Viewpoint - Itron, Inc. is expected to report first-quarter 2025 earnings on May 1, with anticipated revenues between $610 million and $620 million, reflecting a year-over-year increase of 1.8% [1][2] Revenue and Earnings Estimates - The Zacks Consensus Estimate for first-quarter revenues is $614.3 million, while non-GAAP earnings per share are projected to be between $1.25 and $1.35, with a consensus of $1.30 per share [1][2] - The company reported earnings of $1.24 per share in the same quarter last year [2] Recent Performance and Trends - Itron has beaten the Zacks Consensus Estimate in each of the last four quarters, with an average surprise of 40.8% [2] - The stock has increased by 18.4% over the past year, contrasting with a 7.1% decline in the Zacks Electronics-Testing Equipment industry [2] Factors Influencing Q1 Earnings - Strong customer demand, the growing uptake of the grid edge intelligence platform, and robust operational execution are expected to support Itron's performance [3] - The rollout of smart meters and broader adoption of IoT solutions in utilities are identified as positive trends, while potential slowdowns in project deployment or budget constraints may pose challenges [3] Business Segments Performance - Revenue expectations for the three business segments are as follows: Device Solutions at $127.5 million (up 0.6%), Outcomes at $412 million (up 1.1%), and Networked Solutions at $72.6 million (up 4.9%) year-over-year [7] Strategic Developments - Itron has introduced IntelliFLEX, a grid-edge Distributed Energy Resource Management System, aimed at optimizing utility operations and enhancing grid capacity by up to 20% [8] - The company secured $2.7 billion in orders in 2024, with a book-to-bill ratio of 1.11, primarily from grid-edge intelligence projects [5] Recent Collaborations - Itron partnered with Norgesnett for edge computing deployment in the Nordic region, marking a significant step in modernizing the electricity grid [11] - Collaborations with Tesla and Xcel Energy aim to deploy an advanced virtual power plant in Colorado, enhancing the management of distributed energy resources [12] - A partnership with Microsoft focuses on integrating AI technology to improve operational efficiency for utilities [13] - Collaboration with NVIDIA aims to deliver AI-powered solutions for grid resilience and efficiency [14]

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Itron (ITRI) .Itron currently has an average brokerage recommendation (ABR) of 1.46, on a scale ...

Group 1 - The article discusses the integration of AI into products and services within the information technology sector, highlighting its impact on company performance [1] - Henriot Capital operates on a principle of simplicity and common sense, focusing on a quant-driven investment model that minimizes human bias in stock selection [1] - The investment strategy of Henriot Capital emphasizes a "invest first, investigate later" approach, where decisions are based on model recommendations followed by further research [1]

The most recent trading session ended with Itron (ITRI) standing at $102.08, reflecting a +0.69% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.17%. Meanwhile, the Dow experienced a drop of 0.39%, and the technology-dominated Nasdaq saw a decrease of 0.05%.Prior to today's trading, shares of the energy and water meter company had lost 4.85% over the past month. This has was narrower than the Computer and Technology sector's loss of 6.26 ...

LIBERTY LAKE, Wash., April 10, 2025 (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 Mar. 31, 2025 before market opens on Thursday, May 1, 2025. The company’s press release and financial statements will be available on the company’s website at https://investors.itron.com on May 1, 2025 at 8:30 a.m. EDT followed by the management conference call at 10 a ...

Core Insights - Itron, Inc. is collaborating with Norgesnett to implement the first edge computing deployment in the Nordic region, utilizing Itron's Grid Edge Intelligence portfolio to modernize the electricity grid [1][2] Group 1: Partnership and Deployment - The partnership aims to enhance visibility and control across the distribution system, supporting Norgesnett's Advanced Metering Infrastructure (AMI) strategy [2] - The initiative will commence in early 2026 with the deployment of 10,000 distributed intelligence (DI)-enabled smart endpoints [4] - The collaboration will provide Norgesnett access to Itron's broader ecosystem, enabling tailored applications for grid modernization [4] Group 2: Technological Advancements - The DI-enabled endpoints will facilitate two-way communication, allowing for remote updates and real-time energy data management [5] - The project aligns with Nordic Innovation's 2030 vision for sustainability and interconnectedness, enabling real-time data analysis to prevent outages and transformer overloads [6] Group 3: Market Context and Growth Drivers - Norway's energy sector is nearly 100% renewable, with electric vehicles (EVs) constituting 96% of new car registrations as of January 2025, positioning the country as a leader in clean energy adoption [3] - Itron's Grid Edge Intelligence platform is experiencing growth due to factors such as data center demand, reindustrialization, and the electrification of transportation and homes [7] - The total backlog for Itron at the end of the fourth quarter was $4.7 billion, indicating strong market demand for grid resiliency and automation solutions [7] Group 4: Financial Performance - Itron's 2024 bookings reached $2.7 billion, resulting in a book-to-bill ratio of 1:11, with a significant portion of the backlog consisting of grid-edge intelligence platform content [8] - The company anticipates 2025 revenues to be between $2.4 billion and $2.5 billion, reflecting a flat year-over-year growth at the midpoint [8]

Core Insights - Itron, Inc. is collaborating with Norwegian utility Norgesnett to implement the first edge computing deployment in the Nordics using Itron's Grid Edge Intelligence portfolio, which includes distributed intelligence-enabled smart meters [1][4] - The project aims to modernize Norgesnett's grid infrastructure, enhancing visibility and control at the grid edge, and supporting the integration of distributed energy resources [2][3] Group 1: Project Overview - Norgesnett will deploy 10,000 Itron DI-enabled smart endpoints in the first phase starting in the first half of 2026, which will provide access to a range of applications to address challenges from increased distributed energy resources [4][5] - The deployment aligns with the Nordic Innovation vision for the region to become the most sustainable and integrated by 2030, focusing on real-time data insights to manage energy loads effectively [6] Group 2: Benefits and Features - The DI-enabled solution allows for flexible two-way communication, enabling remote updates and applications installation, as well as real-time energy usage data sharing with consumers [5][8] - The project is expected to improve operational efficiency, enhance customer engagement, and provide better outage detection and grid management capabilities [8] Group 3: Company Positioning - Norgesnett is recognized as Norway's most efficient power grid company, committed to minimizing energy loss and delivering reliable electricity while addressing the evolving challenges of the power grid [3][7] - Itron's advanced analytics on electricity usage will further enhance the service provided by Norgesnett, contributing to a more sustainable energy landscape [7][8]

Core Viewpoint - Itron Inc (ITRI) has demonstrated resilience in a volatile market, achieving a 16.3% gain over the past year, driven by strong demand for its solutions related to grid resiliency, capacity, safety, and automation [1][6]. Performance Summary - ITRI has outperformed the Electronic Test Equipment industry's decline of 8.5%, as well as the Zacks Computer and Technology sector and the S&P 500 composite's growth of 3.8% and 8.2%, respectively [2]. - The stock closed at $104.76, which is 16% lower than its 52-week high of $124.90, raising questions about potential buying opportunities [5]. Demand and Growth Drivers - Steady market demand and strong operational performance are key growth drivers for Itron [6]. - The Grid Edge Intelligence platform is experiencing momentum, fueled by data center demand, reindustrialization, electrification of transportation and homes, and automation of water infrastructure [7]. - Itron's total backlog at the end of Q4 2024 was $4.7 billion, with 2024 bookings of $2.7 billion, resulting in a book-to-bill ratio of 1:11 [8]. Revenue Guidance - Itron anticipates 2025 revenues to be between $2.4 billion and $2.5 billion, projecting total revenues of $2,445.1 million for 2025, which is flat year-over-year at the midpoint [9]. Estimate Revisions - Analysts show bullish sentiment towards ITRI, as indicated by solid estimate revision activity, with significant increases in consensus estimates over the past 60 days [10]. Product Launches - Frequent product launches, such as IntelliFLEX and CityEdge, position Itron to capture market share by addressing changing market demands [11][12]. Operational Efficiency - Itron's gross margin improved to 34.9%, expanding by 90 basis points year-over-year due to enhanced operational efficiencies [13]. Valuation - ITRI presents an attractive investment opportunity with a forward 12-month price-to-earnings ratio of 18.82X, slightly below the industry average of 21.48X [14]. Investment Outlook - Increasing business pipeline activities and favorable macro trends, combined with a discounted valuation and robust estimate revisions, make ITRI an appealing investment opportunity [17].

Itron, Inc. (ITRI) recently announced that its CityEdge portfolio has been leveraged by the City of Helsingborg in Sweden to drive its smart city transformation. This marks the first phase in Helsingborg’s ambitious journey to become a smart, sustainable and data-driven city.With a population of just more than 150,000, Helsingborg is set to implement Itron Networked Lighting Controllers (NLCs) across the initial phase of its 30,000 streetlights. In addition, various smart sensors will be installed throughou ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Itron (ITRI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Itron currently has an average brokerage recommendation (ABR) of 1 ...