Itron (ITRI) closed the most recent trading day at $105.82, moving -0.35% from the previous trading session.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Itron (ITRI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ITRI's Q4 2024 performance gains from a 25% surge in Outcomes revenue along with all-time highs in its quarterly bookings and total backlog.
Itron, Inc. (ITRI) Q4 2024 Earnings Call Transcript
The headline numbers for Itron (ITRI) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Itron (ITRI) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $1.23 per share a year ago.
ITRI's fourth-quarter performance is likely to have benefited from a favorable demand environment across all its business segments.
Evaluate the expected performance of Itron (ITRI) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
In the latest trading session, Itron (ITRI) closed at $97.85, marking a -0.22% move from the previous day.
Itron (ITRI) closed at $97.75 in the latest trading session, marking a -0.76% move from the prior day.
In the most recent trading session, Itron (ITRI) closed at $107.47, indicating a +1.48% shift from the previous trading day.