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BUZZ-Itron surges on upbeat 2025 profit forecast

ReutersFeb 25, 2025 5:53 PM

Energy and water resource management company Itron's ITRI.O shares jumped ~8.7% to $100.61

ITRI forecasts 2025 adjusted per-share earnings in the range of $5.20 to $5.60, above the consensus estimate of $4.97 per share, according to data compiled by LSEG

Company reports fourt-quarter adjusted earnings per share of $1.35, beating analyst' estimate of $1.05

12 of 15 brokerages rate the stock "buy" or higher, 3 "hold;" their median PT is $130 — LSEG

Including session's moves, stock down ~6.9% YTD

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