Itron (ITRI) Expected to Post Quarterly Earnings on Tuesday

Itron (NASDAQ:ITRI) is anticipated to post its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect the company to post earnings of $1.30 per share and revenue of $566.3370 million for the quarter. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 10:00 AM ET.

Itron (NASDAQ:ITRI) last released its quarterly earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.23. The firm had revenue of $586.98 million during the quarter, compared to the consensus estimate of $572.04 million. Itron had a return on equity of 19.54% and a net margin of 12.31%.The business’s revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.52 EPS. On average, analysts expect Itron to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Itron Price Performance

Shares of ITRI opened at $84.37 on Tuesday. The stock has a market capitalization of $3.74 billion, a P/E ratio of 13.46, a P/E/G ratio of 0.75 and a beta of 1.32. Itron has a twelve month low of $77.77 and a twelve month high of $142.00. The company has a 50 day moving average of $82.73 and a 200-day moving average of $90.11. The company has a quick ratio of 2.24, a current ratio of 2.66 and a debt-to-equity ratio of 0.97.

Insider Activity

In related news, SVP John F. Marcolini sold 322 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $84.37, for a total value of $27,167.14. Following the completion of the sale, the senior vice president directly owned 24,689 shares in the company, valued at approximately $2,083,010.93. This trade represents a 1.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Donald L. Reeves III sold 319 shares of Itron stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $84.37, for a total value of $26,914.03. Following the transaction, the senior vice president owned 29,100 shares of the company’s stock, valued at $2,455,167. The trade was a 1.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 3,946 shares of company stock valued at $324,420. 1.77% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its holdings in Itron by 25.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock worth $53,000 after purchasing an additional 81 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Itron by 29.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock worth $41,000 after buying an additional 101 shares during the period. Xponance LLC increased its position in shares of Itron by 3.2% during the fourth quarter. Xponance LLC now owns 3,877 shares of the scientific and technical instruments company’s stock worth $360,000 after buying an additional 120 shares during the period. Maryland State Retirement & Pension System raised its stake in Itron by 2.2% during the fourth quarter. Maryland State Retirement & Pension System now owns 6,718 shares of the scientific and technical instruments company’s stock worth $624,000 after buying an additional 146 shares during the last quarter. Finally, Lido Advisors LLC boosted its position in Itron by 6.2% during the third quarter. Lido Advisors LLC now owns 2,518 shares of the scientific and technical instruments company’s stock valued at $314,000 after acquiring an additional 147 shares during the last quarter. 96.19% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ITRI has been the topic of a number of research reports. Roth Capital reissued a “buy” rating and issued a $136.00 price objective on shares of Itron in a research report on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Itron in a research note on Friday, May 8th. Stephens reissued an “overweight” rating and set a $130.00 price target on shares of Itron in a research report on Wednesday, May 20th. Raymond James Financial started coverage on Itron in a report on Tuesday, April 21st. They set an “underperform” rating on the stock. Finally, JPMorgan Chase & Co. reduced their price target on Itron from $133.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 16th. Eight equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $131.22.

About Itron

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.