ITRI Stock Recent News
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LIBERTY LAKE, Wash., July 18, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, has shipped more than a million Cyble 5 water communication modules.
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LIBERTY LAKE, Wash., July 17, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced its flagship customer event, Itron Inspire, will take place Oct. 4-10, 2024, at the JW Marriott Desert Springs Resort & Spa in Palm Desert, California.
Itron is targeting a 16% EBITDA margin in 2027, a +6% revenue CAGR for the next four years, which is achievable considering Asia's and the Outcome segment's growth potential. I am predicting a Q2 2024 results beat for ITRI, taking into account its earnings beats track record and the positive business momentum for Asian markets like Australia. The company's bright prospects provide support for a Buy rating.
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Itron (ITRI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
LIBERTY LAKE, Wash., July 11, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will release financial results for the quarter ended June 30, 2024 before the opening of market on Thursday, Aug. 1, 2024. The company's press release and financial statements will be available on the company's website at https://investors.itron.com on Aug. 1, 2024 at 8:30 a.m. EDT followed by the management conference call at 10 a.m. EDT to discuss the results.
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In the latest trading session, Itron (ITRI) closed at $100, marking a +1.77% move from the previous day.