Benzinga | May 3, 2021 08:49AM EDT

Itron Q1 EPS $0.52 Beats $0.42 Estimate, Sales $519.57M Miss $535.25M Estimate

Itron (NASDAQ:ITRI) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.42 by 23.81 percent. This is a 8.77 percent decrease over earnings of $0.57 per share from the same period last year. The company reported quarterly sales of $519.57 million which missed the analyst consensus estimate of $535.25 million by 2.93 percent. This is a 13.17 percent decrease over sales of $598.41 million the same period last year.