For the quarter ended March 2026, Itron (ITRI Quick QuoteITRI - Free Report) reported revenue of $586.98 million, down 3.3% over the same period last year. EPS came in at $1.49, compared to $1.52 in the year-ago quarter.

The reported revenue represents a surprise of +2.81% over the Zacks Consensus Estimate of $570.97 million. With the consensus EPS estimate being $1.26, the EPS surprise was +18.73%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Itron performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenue- Outcomes: $95.91 million compared to the $92.09 million average estimate based on four analysts. The reported number represents a change of +22.1% year over year.
• Revenue- Device Solutions: $124.38 million versus the four-analyst average estimate of $115.06 million. The reported number represents a year-over-year change of -1.2%.
• Revenue- Networked Solutions: $350.66 million versus $352.57 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -12.9% change.
• Revenue- Product revenues- Device Solutions: $123.73 million versus $116.07 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -1.3% change.
• Revenue- Service revenues- Networked Solutions: $29.52 million compared to the $28.8 million average estimate based on three analysts. The reported number represents a change of +4.6% year over year.
• Revenue- Product revenues- Networked Solutions: $321.15 million versus $321.83 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -14.3% change.
• Revenue- Product revenues: $477.8 million versus $470.8 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -8.7% change.
• Revenue- Service revenues: $109.18 million compared to the $107.36 million average estimate based on two analysts. The reported number represents a change of +30% year over year.
• Revenue- Service revenues- Outcomes: $64.04 million versus the two-analyst average estimate of $65.64 million. The reported number represents a year-over-year change of +15.8%.
• Revenue- Service revenues- Device Solutions: $0.65 million compared to the $0.46 million average estimate based on two analysts. The reported number represents a change of +34.1% year over year.
• Revenue- Resiliency Solutions: $16.03 million versus the two-analyst average estimate of $13.5 million.
• Revenue- Product revenues- Outcomes: $31.87 million versus the two-analyst average estimate of $26.59 million. The reported number represents a year-over-year change of +37.2%.

View all Key Company Metrics for Itron here>>>

Shares of Itron have returned +3.6% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.