Itron Q3 2024 Adj EPS $1.84 Beats $1.13 Estimate, Sales $615.46M Beat $595.97M Estimate
Portfolio Pulse from Benzinga Newsdesk
Itron (NASDAQ:ITRI) reported strong Q3 2024 results, with adjusted EPS of $1.84 beating estimates by 62.83% and sales of $615.46M surpassing expectations by 3.27%. This marks significant growth compared to the same period last year.
October 31, 2024 | 12:31 pm
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Itron's Q3 2024 earnings significantly exceeded expectations, with EPS of $1.84 beating the $1.13 estimate by 62.83% and sales of $615.46M surpassing the $595.97M estimate by 3.27%. This indicates strong financial performance and growth.
Itron's earnings and sales both exceeded analyst expectations, indicating strong operational performance. The significant beat in EPS and sales growth compared to last year suggests positive investor sentiment and potential stock price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100