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

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 | 459 dni temu

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 | 616 dni temu

Itron Guides Q1 FY23 Adj. EPS Below Estimates - Update

While reporting financial results for the fourth quarter on Monday, Itron, Inc. (ITRI) initiated adjusted earnings and revenue guidance for the first quarter and full-year 2023.

RTTNews | 980 dni temu

Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

Canadian stocks are turning in a mixed performance on Monday, with investors reacting earnings announcements and economic updates, in addition to weighing the recent trade talks between top Canadian and U.S. officials.

RTTNews | 3g 29 minut temu

Swiss Market Pares Early Gains, Settles Flat

Save for a brief while during the closing minutes, Switzerland's SMI index stayed positive on Monday, but still ended the session with just a slender gain as several stocks pared early gains due to a lack of support at higher levels.

RTTNews | 3g 58 minut temu

European Stocks Close Higher As Investors Asses Economic Data, Recent Earnings

European markets closed mostly higher on Monday, led by gains in the banking and automobile sectors. Investors assessed U.S.-China trade discussions, recent earnings updates, and digested the latest batch of regional economic data, in addition to awaiting the Bank of England's monetary policy announcement due this week.

RTTNews | 4g 29 minut temu

U.S. Manufacturing Index Unexpectedly Edges Lower In October

Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of October, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI slipped to 48.7 in October after edging up to 49.1 in September, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 49.5.

RTTNews | 6g 44 minut temu

Bay Street Likely To Open On Positive Note

Canadian shares are likely to open higher Monday morning, with firm metal prices expected to trigger buying in the materials sector. The focus will be on the developments on the trade front and corporate earnings announcements.

RTTNews | 8g 45 minut temu

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