Itron Earnings Preview
Portfolio Pulse from Benzinga Insights
Itron (NASDAQ:ITRI) is scheduled to release its quarterly earnings report on February 26, 2024. Analysts predict an EPS of $0.75. The company's past performance shows a history of beating EPS estimates, which has occasionally led to positive stock price movements the following day. Shares of Itron have increased by 46.0% over the last 52 weeks, trading at $75.09 as of February 22. Investors are advised to pay attention to the company's guidance for future growth, as it can significantly impact stock prices.
February 23, 2024 | 3:01 pm
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Itron is expected to report an EPS of $0.75 for the upcoming quarter. Historical data shows the company has a track record of beating EPS estimates, which has led to positive stock price movements. With shares up 46% over the last year, investors are optimistic but should focus on future growth guidance.
Given Itron's history of beating EPS estimates and the positive stock performance over the last year, there's a strong likelihood of a positive short-term impact on ITRI's stock price, especially if the company provides optimistic future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100