Itron's Q3 Earnings & Revenues Surpass Estimates, Rise Y/Y, Stock Up

Itron Inc (ITRI) reported non-GAAP earnings per share (EPS) of $1.84 for third-quarter 2024, which beat the Zacks Consensus Estimate by 62.8%. The company reported earnings of 98 cents in the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues were$ 615 million, which beat the Zacks Consensus Estimate by 3.2%. The top line grew 10% year over year, exceeding the high end of the company’s guided range. The uptick is driven by growing demand for Itron’s solution ...