• Mon. Sep 26th, 2022

Recap: Itron Q2 Earnings – Benzinga

ByBenzinga Insights

Aug 4, 2022
Recap: Itron Q2 Earnings - Benzinga

 

Itron ITRI reported its Q2 earnings results on Thursday, August 4, 2022 at 08:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Itron missed estimated earnings by 66.67%, reporting an EPS of $0.07 versus an estimate of $0.21.

Revenue was down $57.53 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.85% drop in the share price the next day.

Here’s a look at Itron’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.08 0.19 0.18 0.48
EPS Actual 0.11 0.75 0.21 0.28
Revenue Estimate 488.49M 505.76M 527.45M 535.91M
Revenue Actual 475.33M 485.64M 486.95M 489.41M

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.



Image and article originally from www.benzinga.com. Read the original article here.