Recap: Itron Q2 Earnings

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.

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.

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.

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