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Itron (ITRI) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended June 2026, Itron (ITRI - Free Report) reported revenue of $562.9 million, down 7.2% over the same period last year. EPS came in at $1.59, compared to $1.62 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $564.72 million, representing a surprise of -0.32%. The company delivered an EPS surprise of +22.31%, with the consensus EPS estimate being $1.30.
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- Resiliency Solutions: $15.82 million compared to the $17.52 million average estimate based on four analysts.
Revenue- Device Solutions: $111.45 million versus the four-analyst average estimate of $110.39 million. The reported number represents a year-over-year change of -1.2%.
Revenue- Outcomes: $96.4 million versus $94.33 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +13.3% change.
Revenue- Networked Solutions: $339.24 million versus the four-analyst average estimate of $342.94 million. The reported number represents a year-over-year change of -17%.
Revenue- Product revenues- Networked Solutions: $309.2 million compared to the $316.42 million average estimate based on three analysts. The reported number represents a change of -18.5% year over year.
Revenue- Product revenues- Device Solutions: $110.94 million versus the three-analyst average estimate of $108.93 million. The reported number represents a year-over-year change of -0.9%.
Revenue- Product revenues: $453.46 million versus the three-analyst average estimate of $462.38 million. The reported number represents a year-over-year change of -12.3%.
Revenue- Service revenues- Networked Solutions: $30.04 million compared to the $28.37 million average estimate based on three analysts. The reported number represents a change of +2% year over year.
Product Revenue- Resiliency Solutions: $0.44 million versus $1.05 million estimated by two analysts on average.
Revenue- Service revenues- Outcomes: $63.52 million compared to the $63.6 million average estimate based on two analysts. The reported number represents a change of +7.1% year over year.
Revenue- Service revenues: $109.44 million versus the two-analyst average estimate of $111.16 million. The reported number represents a year-over-year change of +22.2%.
Revenue- Product revenues- Outcomes: $32.88 million compared to the $28.73 million average estimate based on two analysts. The reported number represents a change of +27.6% year over year.
Shares of Itron have returned +1.3% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Itron (ITRI) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended June 2026, Itron (ITRI - Free Report) reported revenue of $562.9 million, down 7.2% over the same period last year. EPS came in at $1.59, compared to $1.62 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $564.72 million, representing a surprise of -0.32%. The company delivered an EPS surprise of +22.31%, with the consensus EPS estimate being $1.30.
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:View all Key Company Metrics for Itron here>>>
Shares of Itron have returned +1.3% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.