Itron Q3 Profit Tops Estimates, But Revenues Miss; Guides Q4 Well Below View

RTTNews | 1028 hari yang lalu
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Itron Q3 Profit Tops Estimates, But Revenues Miss; Guides Q4 Well Below View

(RTTNews) - Itron, Inc. (ITRI) reported Thursday net income attributable to the company for the third quarter of $4.12 million or $0.09 per share, compared to a net loss of $1.87 million or $0.04 per share in the prior-year quarter. Excluding items, adjusted earnings per share for the quarter were $0.23, compared to $0.21 last year.

Total revenues for the quarter declined 14 percent to $420.86 million from $486.95 million in the same quarter last year. Revenue decreased 9 percent excluding the impact of changes in foreign currency exchange rates.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.22 per share on revenues of $461.42 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the fourth quarter, the company projects adjusted earnings in a range of $0.00 to $0.15 per share on revenues between $420 million and $460 million. The Street is looking for earnings of $0.34 per share on revenues of $497.20 billion for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Teg: ITRI
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Itron Q2 Results Top Estimates; Boosts FY24 Outlook; Stock Up 7%

Itron Q2 Results Top Estimates; Boosts FY24 Outlook; Stock Up 7%

Itron, Inc. (ITRI) reported Thursday that net income attributable to the company for the second quarter of $51.32 million or $1.10 per share, sharply higher than $24.20 million or $0.53 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $1.21 per share, compared to $0.65 per share last year.
RTTNews | 391 hari yang lalu
Itron Q4 Results Top Estimates; Guides Q1, FY24 Profit Well Above View; Stock Up 17%

Itron Q4 Results Top Estimates; Guides Q1, FY24 Profit Well Above View; Stock Up 17%

Itron, Inc. (ITRI) reported Monday net income attributable to the company for the fourth quarter of $44.39 million or $0.96 per share, higher than $22.21 million or $0.49 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $1.23 per share, compared to $0.71 per share last year.
RTTNews | 548 hari yang lalu
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 4 minit yang lalu
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
RTTNews | 27 minit yang lalu
Hong Kong Shares Poised To End Two-Day Slide

Hong Kong Shares Poised To End Two-Day Slide

The Hong Kong stock market has finished lower in consecutive trading days, tumbling almost 630 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 25,200-point plateau although it may find traction on Thursday.
RTTNews | 42 minit yang lalu
China Stock Market May Stop The Bleeding On Thursday

China Stock Market May Stop The Bleeding On Thursday

The China stock market has finished lower in two straight sessions, retreating more than 80 points or 2.1 percent along the way. The Shanghai Composite Index now sits just above the 3,800-point plateau although it's due for support on Thursday.
RTTNews | 57 minit yang lalu
Taiwan Stock Market May Extend Winning Streak

Taiwan Stock Market May Extend Winning Streak

The Taiwan stock market has tracked higher in three straight sessions, gathering more than 750 points or 3.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 24,520-point plateau and it may add to its winnings again on Thursday.
RTTNews | 1j 27min yang lalu
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