Itron Announces Fourth Quarter and Full Year 2018 Financial Results and 2019 Guidance

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Itron (ITRI) PT Lowered to $67 at Cowen

February 28, 2019 8:44 AM EST

Cowen analyst Jeffrey Osborne lowered the price target on Itron (NASDAQ: ITRI) to $67.00 (from $70.00) while maintaining a Outperform rating.

The analyst commented, "Itron ends a challenging year with a noisy quarter and a lot of moving parts heading into FY19. Operational improvements from... More

Itron (ITRI) Tops Q4 EPS by 20c

February 27, 2019 4:17 PM EST

Itron (NASDAQ: ITRI) reported Q4 EPS of $0.88, $0.20 better than the analyst estimate of $0.68. Revenue for the quarter came in at $587 million versus the consensus estimate of $593.16 million.

A solid fourth quarter performance concluded the year as we transition to our new operating segments,... More