Benzinga | Aug 5, 2021 08:38AM EDT

Itron Q2 EPS $0.28 Misses $0.48 Estimate, Sales $489.00M Miss $535.91M Estimate; Cuts Guidance

Itron (NASDAQ:ITRI) reported quarterly earnings of $0.28 per share which missed the analyst consensus estimate of $0.48 by 41.67 percent. This is a 833.33 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $489.00 million which missed the analyst consensus estimate of $535.91 million by 8.75 percent. This is a 4.04 percent decrease over sales of $509.59 million the same period last year.