Itron (ITRI) Reports Q1 EPS of $0.44

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Baird Reiterates Outperform on Itron (ITRI) Following Solid 1Q Report - PT to 47

August 12, 2016 7:10 AM EDT

Baird reiterated an Outperform rating and $47.00 price target on Itron (NASDAQ: ITRI) following the company's 1Q earnings report. ITRI reported revenue of $497.6M vs. consensus estimates of $450.8M. Non-GAAP EPS was $0.44 vs. consensus estimates of $0.32.

Analyst Ben Kallo commented, "Q1 beat our... More