Itron raises Q4 2024 earnings guidance to $1.00-$1.10 EPS, projecting revenue of $600-$610M.

Itron, a technology firm specializing in energy, water, and smart city solutions, has revised its Q4 2024 earnings guidance to an EPS of $1.00-$1.10, above the prior estimate of $1.01. Revenue is projected between $600-$610 million, surpassing earlier estimates. For FY 2024, EPS guidance is set at 5.280-5.380. The stock trades at $111.81 with a market cap of $5.03 billion, and analysts generally rate it as a "Moderate Buy" with a target price of $123.50.

November 03, 2024
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