Itron, Inc. (NASDAQ:ITRI ) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET Company Participants Paul Vincent - Vice President-Investor Relations Tom Deitrich - President & Chief Executive Officer Joan Hooper - Senior Vice President & Chief Financial Officer Conference Call Participants Noah Kaye - Oppenheimer Ben Kallo - R.W. Baird Jeff Osborne - TD Cowen Joe Osha - Guggenheim Mark Strouse - JPMorgan Chip Moore - ROTH Capital Partners Austin Moeller - Canaccord Scott Graham - Seaport Research Partners Operator Good day and thank you for standing by.
Although the revenue and EPS for Itron (ITRI) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Itron (ITRI) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.24 per share a year ago.
ITRI's Q1 2025 performance is likely to have benefited from bookings momentum, demand for smart metering solutions and utility grid modernization initiatives.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Itron (ITRI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
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?
With increased data centers and AI models, the cost of electricity is expected to be 2x by 2030, with 68% of people expected to move to urban areas by 2050. The global smart metering and industrial IoT (IIoT) market is expected to reach $544 Bn by 2029. Itron's current ~0.4% penetration highlights enormous market share potential. Itron is trading at an FWD PEG ratio of 1.18x implying a 13% discount.
Itron (ITRI) reachead $102.08 at the closing of the latest trading day, reflecting a +0.69% change compared to its last close.
Itron (ITRI) closed at $94.38 in the latest trading session, marking a -0.43% move from the prior day.
ITRI and Norgesnett will unveil the Nordics' first grid edge computing project, using smart meters and DI to boost energy efficiency and sustainability.
ITRI's performance benefits from strong operational execution and robust demand trends across energy and water sectors.
Itron???s CityEdge portfolio is leveraged by the City of Helsingborg in Sweden to become a smart, sustainable and data-driven city.