Itron(US:ITRI) ZACKS·2026-02-11 15:16Core Viewpoint - Analysts expect Itron (ITRI) to report quarterly earnings of $2.19 per share, reflecting a year-over-year increase of 62.2%, while revenues are projected to be $561.79 million, down 8.3% from the previous year [1] Earnings Projections - The consensus EPS estimate has been revised down by 0.4% over the past 30 days, indicating a collective reassessment by analysts [1][2] - The average estimates for key metrics include a projected 'Revenue- Outcomes' of $98.38 million, indicating a year-over-year change of +7.9% [4] - 'Revenue- Device Solutions' is expected to be $95.82 million, reflecting a decline of 11.7% from the year-ago quarter [4] - 'Revenue- Networked Solutions' is forecasted to reach $366.53 million, suggesting a year-over-year decrease of 11.3% [4] Revenue Breakdown - The consensus estimate for 'Service Revenue- Networked Solutions' stands at $24.50 million, indicating a year-over-year change of -4.8% [5] - 'Product Revenue- Device Solutions' is expected to be $96.46 million, down 10.2% from the prior-year quarter [5] - 'Product Revenue- Networked Solutions' is projected to be $339.58 million, reflecting a decline of 12.4% from the previous year [6] - Total Product Revenue is estimated to be $480.12 million, indicating a year-over-year decrease of 9.8% [6] Profit Expectations - Analysts predict 'Gross Profit- Device Solutions' will reach $28.12 million, compared to $28.83 million reported in the same quarter last year [8] - 'Gross Profit- Outcomes' is expected to be $40.34 million, slightly up from $40.10 million reported in the previous year [8] Market Performance - Over the past month, Itron shares have recorded a return of +6.3%, contrasting with the Zacks S&P 500 composite's -0.3% change [8] - Based on its Zacks Rank 4 (Sell), ITRI is expected to underperform the overall market in the upcoming period [8]