Itron: Q1 Earnings Insights - Itron (NASDAQ:ITRI)

Itron ITRI reported its Q1 earnings results on Monday, May 2, 2022 at 08:30 AM.

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

Itron beat estimated earnings by 37.5%, reporting an EPS of $0.11 versus an estimate of $0.08.

Revenue was down $44.24 million from the same period last year.

Last quarter the company beat on EPS by $0.56 which was followed by a 4.72% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.19	0.18	0.48	0.42
EPS Actual	0.75	0.21	0.28	0.52
Revenue Estimate	505.76M	527.45M	535.91M	535.25M
Revenue Actual	485.64M	486.95M	489.41M	519.57M

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.