Itron Climbs 1.48% as Investors Await Earnings
The shares outpaced major US indexes in the latest session, while Zacks consensus estimates point to higher quarterly earnings and revenue.
Key takeaways
- Itron closed at $87.79, up 1.48% in the latest session.
- Zacks consensus estimates call for quarterly EPS of $1.57 and revenue of $596.45 million.
Itron shares closed at $87.79 at 20:00 UTC on Oct. 5, up 1.48% in the session. The move outpaced the S&P 500’s 0.66% gain, the Dow’s 0.18% rise and the Nasdaq’s 1.05% advance.
The stock has fallen 10.82% over the past month, while the Computer and Technology sector gained 6.36% and the S&P 500 rose 0.55%, according to the article.
Ahead of Itron’s upcoming earnings release, Zacks consensus estimates put quarterly earnings at $1.57 per share and revenue at $596.45 million. The estimates represent increases of 1.95% and 2.55%, respectively, from the year-earlier quarter.
This article was produced with the help of AI technology. Source: Yahoo Finance
