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Will Itron Beat These Analyst Estimates?

By Seth Jayson - Updated Apr 10, 2017 at 1:44PM

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Checking expectations

Itron (Nasdaq: ITRI) is expected to report Q1 earnings on April 26. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Itron's revenues will drop -18.4% and EPS will wither -51.6%.

The average estimate for revenue is $466.6 million. On the bottom line, the average EPS estimate is $0.44.

Revenue details
Last quarter, Itron reported revenue of $523.3 million. GAAP reported sales were 19% lower than the prior-year quarter's $642.5 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.58. GAAP EPS were $0.40 for Q4 compared to -$1.35 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 31.2%, 120 basis points better than the prior-year quarter. Operating margin was 3.4%, 430 basis points worse than the prior-year quarter. Net margin was 3.0%, much better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.06 billion. The average EPS estimate is $3.09.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 515 members out of 538 rating the stock outperform, and 23 members rating it underperform. Among 119 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 113 give Itron a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Itron is outperform, with an average price target of $47.45.

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Itron, Inc.
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