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Here's What Key Metrics Tell Us About Itron (ITRI) Q3 Earnings

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Itron (ITRI - Free Report) reported $599.33 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 3%. EPS of $1.94 for the same period compares to $1.54 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $596.45 million, representing a surprise of +0.48%. The company delivered an EPS surprise of +23.57%, with the consensus EPS estimate being $1.57.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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: $92.24 million compared to the $99.81 million average estimate based on four analysts. The reported number represents a change of +9.4% year over year.
  • Revenue- Resiliency Solutions: $16.07 million versus $25.79 million estimated by four analysts on average.
  • Revenue- Device Solutions: $101.52 million versus $101.52 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -2% change.
  • Revenue- Networked Solutions: $389.5 million versus the four-analyst average estimate of $369.32 million. The reported number represents a year-over-year change of -1.1%.
  • Revenue- Service revenues- Device Solutions: $0.33 million versus the two-analyst average estimate of $0.49 million. The reported number represents a year-over-year change of -37%.
  • Revenue- Service revenues- Networked Solutions: $29.92 million compared to the $31.39 million average estimate based on two analysts. The reported number represents a change of +5.6% year over year.
  • Revenue- Service revenues- Outcomes: $64.97 million versus $71.02 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +11.1% change.
  • Revenue- Service revenues: $110.33 million versus the two-analyst average estimate of $136.04 million. The reported number represents a year-over-year change of +26.4%.
  • Product Revenue- Resiliency Solutions: $0.96 million versus the two-analyst average estimate of $0.44 million.
  • Service Revenue- Resiliency Solutions: $15.11 million compared to the $33.14 million average estimate based on two analysts.
  • Revenue- Product revenues- Outcomes: $27.28 million compared to the $34.06 million average estimate based on two analysts. The reported number represents a change of +5.5% year over year.
  • Revenue- Product revenues- Networked Solutions: $359.58 million versus the two-analyst average estimate of $325.46 million. The reported number represents a year-over-year change of -1.6%.

View all Key Company Metrics for Itron here>>>

Shares of Itron have returned -0.9% over the past month versus the Zacks S&P 500 composite's -0.8% 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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