Itron Guides Q1 FY23 Adj. EPS Below Estimates - Update

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 | 454 days ago

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 | 611 days ago

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

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.

RTTNews | 1091 days ago

U.S. Pending Home Sales Unexpectedly Unchanged In September

After reporting a sharp increase by pending home sales in the U.S. in the previous month, the National Association of Realtors released a report on Wednesday showing pending home sales unexpectedly came in flat in the month of September. NAR said its pending homes sales index was unchanged at 74.8 in September after surging by 4.2 percent in August.

RTTNews | 58 minutes ago

Bank Of Canada Cuts Interest Rates By Another Quarter Point

The Bank of Canada on Wednesday announced its widely expected decision to lower interest rates once again, cutting rates by a quarter point for the second consecutive meeting. The Canadian central bank said it reduced its target for the overnight rate by 25 basis points to 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent.

RTTNews | 1h 0min ago

Bay Street Likely To Open Higher; BoC, Fed Rate Announcements Eyed

Canadian stocks are likely to open on a positive note on Wednesday, tracking firm oil and metal prices. Expectations of interest rate cuts by the Bank of Canada and the Federal Reserve may also contribute to a steady open on Bay Street.

RTTNews | 2h 37min ago

FTSE 100 Advances As Miners, Pharma Stocks Rally

The U.K. market is up firmly in positive territory on Wednesday, led by gains in mining and pharmaceutical sectors, thanks to a rebound in metal prices and stronger than expected earnings from drug major GSK.

RTTNews | 3h 15min ago

Pound Slides Amid UK Fiscal Concerns

The British pound weakened against other major currencies in the European session on Wednesday, as investors expect that UK Chancellor of the Exchequer Rachel Reeves will have to make tough decisions over where to raise taxes and reduce spending in the approaching Autumn Budget.

RTTNews | 3h 45min ago

EURUSD	1.16517	GBPUSD	1.32302	AUDUSD	0.66057
USDJPY	151.981	USDCAD	1.39054	USDCHF	0.79714