Itron Reports Strong Q4 Earnings and Revenue Growth

Itron, Inc. shows positive performance with Q4 net income hitting $58.11 million, exceeding analyst expectations. This reflects strong earnings growth and revenue growth, suggesting sustainability in stock price.

Date: 25-02-2025

AI Rating: 7

Net Income Analysis: Itron reported a net income of $58.11 million for the fourth quarter, a significant increase from $44.39 million in the prior-year quarter. This growth in net income indicates strong financial health and could lead to increased investor confidence.

Earnings Per Share (EPS): The earnings per share for the quarter were reported at $1.26, an improvement from $0.96 in the previous year. After adjusting for items, the EPS increased to $1.35 compared to $1.23 last year, which underscores the company's ability to exceed prior performance expectations.

Revenue Growth: Itron experienced a 6% increase in total revenues, amounting to $612.86 million, up from $577.17 million in the same quarter last year. This growth trajectory may contribute to a positive outlook for the company's stock performance.

Future Guidance: Looking ahead, Itron expects adjusted earnings to range between $1.25 to $1.35 per share for the first quarter, anticipating revenues between $610 million and $620 million. This guidance is above analysts' expectations of $1.07 per share on revenues of $577.96 million. For fiscal 2025, the company's projected adjusted earnings range of $5.20 to $5.60 per share also exceeds the Street’s estimate of $5.00 per share, suggesting a strong forward-looking performance.

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