Itron Q4 Results Top Estimates; Guides Q1, FY24 Profit Well Above View; Stock Up 17%

Itron Q2 Results Top Estimates; Boosts FY24 Outlook; Stock Up 7%

Itron, Inc. (ITRI) reported Thursday that net income attributable to the company for the second quarter of $51.32 million or $1.10 per share, sharply higher than $24.20 million or $0.53 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $1.21 per share, compared to $0.65 per share last year.

RTTNews | 505 days ago

Itron Guides Q1 FY23 Adj. EPS Below Estimates - Update

While reporting financial results for the fourth quarter on Monday, Itron, Inc. (ITRI) initiated adjusted earnings and revenue guidance for the first quarter and full-year 2023.

RTTNews | 1026 days ago

Itron Q3 Profit Tops Estimates, But Revenues Miss; Guides Q4 Well Below View

Itron, Inc. (ITRI) reported Thursday net income attributable to the company for the third quarter of $4.12 million or $0.09 per share, compared to a net loss of $1.87 million or $0.04 per share in the prior-year quarter. Excluding items, adjusted earnings per share for the quarter were $0.23, compared to $0.21 last year.

RTTNews | 1142 days ago

Russia Cuts Key Rate By 50 Bps As Expected

Russia's central bank cut its interest rate by 50 basis points on Friday but reiterated that it will maintain policy tight to bring inflation back to the target. The Board of Directors, led by Governor Elvira Nabiullina, decided to cut the key rate to 16.00 percent from 16.50 percent. The decision matched market expectations. The bank has lowered the interest rate by 400 basis points since Jun

RTTNews | 1h 37min ago

Bay Street May Open Slightly Higher

The Canadian market, which snapped a four-day losing streak on Thursday, looks headed for a positive start Friday morning. Canadian retail sales data, and U.S. PCE reading are likely to make an impact.

RTTNews | 2h 17min ago

FTSE 100 Flat In Cautious Trade

UK's FTSE 100 was flat a little past noon on Friday with investors largely refraining from making big moves. A report showing an improvement in consumer sentiment supported the market, while data showing an unexpected drop in retail sales appeared to render the mood cautious.

RTTNews | 2h 58min ago

CAC 40 Roughly Flat In Lackluster Trading

France's CAC 40 was roughly flat a little past noon on Friday in somewhat lackluster trading as investors, digesting the recent policy announcements from the Bank of England and the European Central Bank, awaited the crucial PCE readings from the U.S., after yesterday's data showed an unexpected drop in consumer prices in the month of November in the world's largest economy.

RTTNews | 3h 29min ago

Bank Of Japan Lifts Policy Rate; Hints At More Hikes

The Bank of Japan raised its benchmark rate by a quarter-point to the highest level in three decades as inflation continued to remain above the target and hinted at further hikes. The policy board, headed by Ueda Kazuo decided, by a unanimous vote, to hike the uncollateralized overnight call rate to "around 0.75 percent" from "around 0.5 percent."

RTTNews | 3h 47min ago

EURUSD	1.17336	GBPUSD	1.33828	AUDUSD	0.66128
USDJPY	157.172	USDCAD	1.37772	USDCHF	0.79446