[ad_1]
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.
[ad_2]
Image and article originally from www.benzinga.com. Read the original article here.