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Itron Announces Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-31 12:30
LIBERTY LAKE, Wash., Oct. 31, 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 third quarter ended September 30, 2024. Key results for the quarter include (compared with the third quarter of 2023): Revenue of $615 million, increased 10%;Gross profit of $210 million, increased 12%;GAAP net income attributable to Itron, Inc. of $78 million, increased $38 million;GAAP diluted earnings per sha ...
Itron to Report Q3 Earnings: Here's What You Should Know
ZACKS· 2024-10-30 14:20
Itron, Inc (ITRI) is slated to report third-quarter 2024 earnings on Oct. 31. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The company expects third-quarter revenues to be between $590 million and $600 million. The Zacks Consensus Estimate is pegged at $596.2 million, indicating an increase of 6.3% from a year ago. Non-GAAP earnings per share are anticipated in the range of $1.10-$1.20. The Zacks Consensus Estimate is pegged at $1.13 per share, up 15.3% year over year. The compa ...
Itron Unveils Its CityEdge Portfolio to Address Modern City Challenges
GlobeNewswire News Room· 2024-10-30 12:45
LIBERTY LAKE, Wash., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is unveiling its CityEdge portfolio, which brings together IoT technologies to solve real-city challenges today, while preparing cities for the future. With CityEdge, Itron is rebranding its proven smart city and smart lighting solutions and providing an open, flexible platform upon which cities can build. CityEdge addresses challenges and oppor ...
Why Itron (ITRI) is a Top Value Stock for the Long-Term
ZACKS· 2024-10-25 14:41
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The ...
Itron Jumps 21% in Six Months: How to Play the Stock
ZACKS· 2024-10-16 13:25
Itron's (ITRI) stock has gained 20.6% in the past six months outperforming its sub-industry, the Zacks Computer and Technology sector and the S&P 500 composite's growth of 3.5%, 16.1% and 15.7%, respectively. Image Source: Zacks Investment Research Six-Month Price Performance Chart Headquartered in Liberty Lake, WA, Itron is a technology and services company and one of the leading global suppliers of a wide range of standard, advanced and smart meters and meter communication systems, including networks and ...
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 ...
Will Grid Edge Essentials Solution Launch Benefit ITRI Stock?
ZACKS· 2024-10-08 14:55
Itron (ITRI) has unveiled the Grid Edge Essentials, a leading-edge, pre-integrated solution designed to address the problems utilities currently face at the grid edge. This transformative solution provides end-to-end distribution grid visibility, aids utilities in integrating renewable energy resources, improves consumer engagement and paves the way for more resilient and efficient grid operations. The energy sector is undergoing significant changes, driven by increasing electrification and dependency on re ...
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 ...