Itron (NASDAQ:ITRI) reported its Q1 earnings results on Thursday, May 4, 2023 at 08:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Itron beat estimated earnings by 345.45%, reporting an EPS of $0.49 versus an estimate of $0.11.
Revenue was up $19.29 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.62 which was followed by a 7.79% increase in the share price the next day.
Here’s a look at Itron’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.22 | 0.21 | 0.08 |
| EPS Actual | 0.71 | 0.23 | 0.07 | 0.11 |
| Revenue Estimate | 433.64M | 461.42M | 486.71M | 488.49M |
| Revenue Actual | 467.49M | 420.86M | 431.88M | 475.33M |
To track all earnings releases for Itron visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
