LIBERTY LAKE, Wash. (AP) — LIBERTY LAKE, Wash. (AP) — Itron Inc. (ITRI) on Tuesday reported fourth-quarter earnings of $58.1 million.
The Liberty Lake, Washington-based company said it had profit of $1.26 per share. Earnings, adjusted for one-time gains and costs, came to $1.35 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.
The energy and water meter company posted revenue of $612.9 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $603.3 million.
For the year, the company reported profit of $239.1 million, or $5.18 per share. Revenue was reported as $2.44 billion.
For the current quarter ending in March, Itron expects its per-share earnings to range from $1.25 to $1.35.
The company said it expects revenue in the range of $610 million to $620 million for the fiscal first quarter.
Itron expects full-year earnings in the range of $5.20 to $5.60 per share, with revenue ranging from $2.4 billion to $2.5 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITRI at https://www.zacks.com/ap/ITRI
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
