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

Itron 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.

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.

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.