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 | 771 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 | 928 days ago

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 | 1292 days ago

TSX Climbs On Tech Rally, Looks Set To End 6-day Losing Streak

The S&P/TSX Composite Index rose 0.36% Friday to 35,634.50 as technology stocks surged 3.5%, contributing significantly to gains. Oil prices fell following International Energy Agency's downward global oil demand forecast revision.

RTTNews | 1h 53min ago

Swiss Market Ends Modestly Higher

The Switzerland stock market closed modestly higher on Friday, in line with markets across Europe, as a sharp drop in oil prices helped lift sentiment.

RTTNews | 2h 27min ago

European Markets Rise As Oil Prices Fall On IEA Demand Cut

European markets gained ground Friday after the International Energy Agency cut its global oil demand forecast, sending Brent crude futures down 3.5% to $103.50. The IEA now projects world oil demand will drop 2.5 million barrels per day this year versus its prior estimate of 1.6 million bpd.

RTTNews | 2h 50min ago

U.S. Consumer Sentiment Deteriorates Much More Than Expected In September

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than anticipated in the month of September. The University of Michigan said its consumer sentiment index slumped to 47.8 in September after tumbling to 51.7 in August. Economists had expected the index to edge down to 51.0.

RTTNews | 6h 11min ago

CPSC Recalls: 2.3 Mln Candy Bottles, Motorcycles, Dressers, Dual Fuel Ranges, Fire Spray Canisters

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including more than 2.3 million sour crush candy bottles, motorcycles, six-drawer dressers, dual fuel ranges, hair dryer brushes, and fire spray canisters, among others. In most of the recalls, consumers are urged to immediately stop using the recalled product, and contact the respective firm for either a free repair

RTTNews | 6h 20min ago

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