Itron (NASDAQ:ITRI) reported its Q1 earnings results on Monday, May 2, 2022 at 08:30 AM.
Here's what investors need to know about the announcement.
Earnings
Itron beat estimated earnings by 37.5%, reporting an EPS of $0.11 versus an estimate of $0.08.
Revenue was down $44.24 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.56 which was followed by a 4.72% increase in the share price the next day.
Here's a look at Itron's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.19 | 0.18 | 0.48 | 0.42 |
| EPS Actual | 0.75 | 0.21 | 0.28 | 0.52 |
| Revenue Estimate | 505.76M | 527.45M | 535.91M | 535.25M |
| Revenue Actual | 485.64M | 486.95M | 489.41M | 519.57M |
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.
