Itron Q3 Adjusted EPS $0.98 Beats $0.51 Estimate, Sales $560.77M Beat $540.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
Itron (NASDAQ:ITRI) reported Q3 earnings of $0.98 per share, beating the analyst consensus estimate of $0.51 by 92.16%. This is a 326.09% increase from the same period last year. The company also reported quarterly sales of $560.77 million, beating the analyst consensus estimate of $540.37 million by 3.78%. This is a 33.24% increase from the same period last year.
November 02, 2023 | 12:34 pm
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Itron's Q3 earnings and sales significantly exceeded estimates, indicating strong financial performance.
Itron's Q3 earnings and sales have significantly exceeded analyst estimates, indicating strong financial performance. This is likely to increase investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100