Benzinga | Aug 3, 2020 04:23PM EDT

Itron Q2 EPS $0.03 Beats $(0.21) Estimate, Sales $509.59M Beat $486.56M Estimate

Itron (NASDAQ:ITRI) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $(0.21) by 114.29 percent. This is a 96.55 percent decrease over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $509.59 million which beat the analyst consensus estimate of $486.56 million by 4.73 percent. This is a 19.75 percent decrease over sales of $635.04 million the same period last year.