Itron Forecasts 2024 Adjusted EPS Of $5.28-$5.38 Versus Prior Guidance Of $4.45-$4.65 Consensus Of $4.57
Portfolio Pulse from Benzinga Newsdesk
Itron has updated its 2024 adjusted EPS forecast to a range of $5.28-$5.38, significantly higher than its previous guidance of $4.45-$4.65 and the consensus estimate of $4.57.
October 31, 2024 | 12:37 pm
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Itron has increased its 2024 adjusted EPS forecast to $5.28-$5.38, which is higher than both its previous guidance and the consensus estimate. This positive revision suggests strong future performance.
The significant increase in Itron's EPS forecast indicates improved financial performance expectations, which is likely to positively impact the stock price in the short term. The new guidance surpasses both the previous forecast and market consensus, suggesting strong business momentum.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100