Seeking Clues to Itron (ITRI) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Insights - Itron (ITRI) is expected to report quarterly earnings of $1.05 per share, a decline of 14.6% year-over-year, with revenues forecasted at $603.26 million, reflecting a 4.5% increase compared to the same period last year [1] Earnings Projections - The consensus EPS estimate for the quarter has been adjusted downward by 0.3% over the past 30 days, indicating a reassessment by analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3] Revenue Estimates - Analysts project 'Revenue- Networked Solutions' to reach $409.17 million, indicating a year-over-year change of +4.7% [4] - 'Revenue- Outcomes' is expected to be $78.64 million, suggesting an increase of +8.2% year-over-year [5] - The combined estimate for 'Revenue- Device Solutions' is $115.63 million, reflecting a change of +1.8% from the prior-year quarter [5] Stock Performance - Over the past month, Itron shares have returned -7.8%, while the Zacks S&P 500 composite has increased by +2.6% [6] - Itron currently holds a Zacks Rank 3 (Hold), indicating that its performance may align with the overall market in the near future [6]