Itron Forecasts 2024 Sales Of $2.428B-$2.438B Versus Prior Guidance Of $2.385B-$2.415B Consensus Of $2.41B
Portfolio Pulse from Benzinga Newsdesk
Itron has updated its 2024 sales forecast to a range of $2.428 billion to $2.438 billion, which is higher than its previous guidance and the consensus estimate.
October 31, 2024 | 12:37 pm
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Itron has increased its 2024 sales forecast to $2.428B-$2.438B, exceeding both its prior guidance and the consensus estimate of $2.41B.
Itron's updated sales forecast is higher than both its previous guidance and the consensus estimate, indicating a positive outlook for the company's future performance. This is likely to have a positive impact on the stock price in the short term as it suggests improved business prospects.
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