Itron Announces First Quarter 2021 Financial Results

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Go back to Itron Announces First Quarter 2021 Financial Results

Itron (ITRI) Tops Q1 EPS by 9c, Offers FY Guidance

May 3, 2021 8:31 AM EDT

Itron (NASDAQ: ITRI) reported Q1 EPS of $0.52, $0.09 better than the analyst estimate of $0.43. Revenue for the quarter came in at $520 million versus the consensus estimate of $547.37 million.

GUIDANCE:

Itron sees FY2021 EPS of $2.30-$2.70, versus the consensus of $2.28.

During the first quarter, Itron completed convertible note and equity offerings to accelerate de-levering and improve... More