Itron Expects Q1 Revenue Of $575M-$585M (Est $541.74M), Adj EPS Of $0.80-$0.90 (Est $0.58)
Portfolio Pulse from Benzinga Newsdesk
Itron projects its Q1 revenue to be between $575M-$585M, surpassing the estimated $541.74M. Additionally, its adjusted EPS is expected to be $0.80-$0.90, exceeding the forecast of $0.58.
February 26, 2024 | 1:33 pm
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Itron's Q1 revenue and adjusted EPS projections significantly exceed analyst estimates, indicating a strong financial performance.
Itron's projected Q1 revenue and adjusted EPS significantly surpass analyst expectations, suggesting a robust financial performance for the quarter. This positive news is likely to instill investor confidence and could lead to an uptick in Itron's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100