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Looking for a Growth Stock? 3 Reasons Why Itron (ITRI) is a Solid Choice
ZACKS· 2024-08-06 17:46
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 ...
Itron(ITRI) - 2024 Q2 - Earnings Call Presentation
2024-08-04 09:05
ltron Second Quarter 2024 Earnings Conference Call Tom Deitrich – President and Chief Executive Officer Joan Hooper – Senior Vice President and Chief Financial Officer Paul Vincent – Vice President, Investor Relations ©2024 ITRON CONFIDENTIAL PROPRIETARY August 1, 2024 | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ...
Itron(ITRI) - 2024 Q2 - Earnings Call Transcript
2024-08-04 09:04
Itron, Inc. (NASDAQ:ITRI) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Paul Vincent - VP, IR Tom Deitrich - President & CEO Joan Hooper - SVP & CFO Conference Call Participants Noah Kaye - Oppenheimer Jeffrey Osborne - TD Cowen Ben Kallo - Baird Joseph Osha - Guggenheim Partners Martin Malloy - Johnson Rice & Company Pavel Molchanov - Raymond James Kashy Harrison - Piper Sandler Chip Moore - ROTH MKM Austin Moeller - Canaccord Scott Graham - Seaport Research Partners Oper ...
Itron (ITRI) Q2 Earnings Beat on Solid Y/Y Revenue Growth
ZACKS· 2024-08-02 14:26
Itron Inc (ITRI) reported non-GAAP earnings per share (EPS) of $1.21 for second-quarter 2024, which beat the Zacks Consensus Estimate by 26%. The company reported earnings of 65 cents in the prior-year quarter. Revenues were $609 million, which beat the Zacks Consensus Estimate of $600 million. The top line expanded 13% (up 13% at constant currency) year over year. Successful operational execution and robust growth across its key metrics aided the top-line growth. Management also noted that the growth was b ...
Itron, Inc. (ITRI) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-08-02 14:16
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) - 2024 Q2 - Quarterly Report
2024-08-01 15:38
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-22418 Itron, Inc. (Exact name of registrant as specified in its charter) Washington 91-1011792 (State of Incorporation) (I.R.S. Employer Ide ...
Itron (ITRI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-01 15:07
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) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-01 14:46
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 ...
Itron(ITRI) - 2024 Q2 - Quarterly Results
2024-08-01 12:35
EXHIBIT 99.1 Itron Announces Second Quarter 2024 Financial Results 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. o ...
Itron Announces Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-08-01 12:30
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 ...