ITRI Itron Inc.

$ITRI Reported today: EPS of $1.94 vs. $1.56 expected (+24.4%, beat). Revenue of $599M vs. $596M expected (+0.6%, beat). I used Stock Meadow’s earnings dashboard to review the results.

$ITRI 2x guided revenue is about $108 ¾. ROE of 18%. 18x guided eps is about $121 ½. Drove by their plant in SC over the summer. Company is busy.

$ITRI Follow-up: Does Itron's raised $6.72–6.82 EPS outlook outweigh a lower revenue ceiling and slower bookings? 🏢 Itron, which builds technology for utilities and cities to manage energy and water and was worth about $3.84B at $87.73 a share at 16:00 ET on October 26, 2026, lifted its 2026 non-GAAP EPS outlook to $6.72 to $6.82 from the $6.30 to $6.50 in its July 28, 2026 release 🏆 The case for the raise is margin, not volume: adjusted gross margin rose 350 basis points to 41.3%, adjusted EBITDA hit a record $115M, up 18%, and annual recurring revenue grew 25% to $423M 📅 Next: Management takes questions on the results on October 27, 2026, and the Q4 revenue outlook of $621–636M is the number to test against a full-year revenue range narrowed to $2.37–2.385B from $2.37–2.41B, after Q3 bookings of $482M came in below Q3 revenue of $599M Source: GlobeNewswire release + SEC 8-K, Oct 27

$ITRI Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $1.94 up 25.97% YoY • Reported revenue of $599.33M up 3.04% YoY • Itron's Q4 2026 outlook is revenue of $621M and non-GAAP diluted EPS of $1.70-$1.80; updated FY2026 outlook is revenue of $2.37B and non-GAAP diluted EPS of $6.72-$6.82.