Frequent product launches provide additional tailwinds for Itron. The solutions help to address the complexities of grid instability and aid utility firms in gaining increased visibility into the low-voltage distribution grid. With enhanced visibility, utilities will be able to quickly troubleshoot any transformer loading and voltage issues, thereby increasing the usable life of transformers. For Itron, the consensus EPS estimate for the quarter has been revised 1.4% higher over the last 30 days to the curr ...

LIBERTY LAKE, Wash., July 11, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will release financial results for the quarter ended June 30, 2024 before the opening of market on Thursday, Aug. 1, 2024. The company's press release and financial statements will be available on the company's website at https://investors.itron.com on Aug. 1, 2024 at 8:30 a.m. EDT followed by the management conference ca ...

The most recent trading session ended with Itron (ITRI) standing at $100, reflecting a +1.77% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 1.02%. Elsewhere, the Dow saw an upswing of 1.09%, while the tech-heavy Nasdaq appreciated by 1.18%. Market participants will be closely following the financial results of Itron in its upcoming release. The company's earnings per share (EPS) are projected to be $0.95, reflecting a 46.15% increase from the same quarter las ...

The most recent trading session ended with Itron (ITRI) standing at $99.42, reflecting a +1.59% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 0.09%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.3%. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4 per share and a revenue of $2.36 billion, indicating changes of +19.05% and +8.78%, respectively, from the former year. The Zacks Rank system ra ...

Headquartered in Liberty Lake, WA, Itron is one of the leading global suppliers of a wide range of standard, advanced and smart meters and meter communication systems. It also provides networks and communication modules, software, services and sensors for the effective management of electricity, gas and water resources for consumers. Image Source: Zacks Investment Research Itron's performance is gaining from higher recurring and one-time service revenues, communication module sales, improved component suppl ...

The Notes will accrue interest at a rate of 1.375% per annum, payable semi-annually in arrears on January 15 and July 15 of each year, beginning on January 15, 2025. The Notes will mature on July 15, 2030, unless earlier converted, redeemed or repurchased. The conversion rate will initially be 7.6199 shares of common stock per $1,000 principal amount of Notes, subject to adjustment in certain circumstances. This represents an initial conversion price of approximately $131.24 per share, representing a conver ...

Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated. Cautionary Note Regarding Forward Looking Statements This release contains, and our officers and representatives may from time to time make, "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of ...

LIBERTY LAKE, Wash., June 17, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI) (the "Company"), which is innovating new ways for utilities and cities to manage energy and water, today announced that it intends to commence a private offering, subject to market and other conditions, of $500.0 million aggregate principal amount of convertible senior notes due 2030 (the "Notes") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amend ...

Investors should also note any recent changes to analyst estimates for Itron. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Cons ...

It's also important to note that ITRI currently trades at a PEG ratio of 1.04. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Electronics - Testing Equipment industry had an average PEG ratio of 2.78 as trading concluded yesterday. For the full year, the Zacks Consensus Estimates are projecting earnings of $4 per share and revenue of $2.36 billion, which would represent changes of +19.05% and +8.78%, respectivel ...