Equity Profile

ITRI

Itron, Inc.

Information TechnologyElectronic Equipment & Instruments$3.5B

Jul30Thu

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Itron, Inc. is a technology company that provides solutions for energy and water resource management....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of a company's profitability and is closely watched by investors.

N/A

Revenue Growth

Revenue growth shows how well the company is expanding its business and capturing market share.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

ITRI Q2-2026 Earnings Preview

Context

Company Snapshot

Itron, Inc. is a technology company that provides solutions for energy and water resource management. Operating within the Information Technology sector, Itron focuses on smart metering and data analytics, which are increasingly important as industries seek to optimize resource usage and improve sustainability.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+23.93%

Avg Stock Reaction

-0.50%

Last Quarter Recap

In Q1 2026, Itron reported an EPS of $1.49, exceeding expectations by 18.73%. However, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Management committed to focusing on enhancing product offerings.
They emphasized the importance of expanding into new markets.
Plans to improve operational efficiency were highlighted.

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Itron's upcoming earnings, especially given their strong EPS performance in previous quarters. However, the lack of revenue guidance raises some concerns.

Bull Case

If Itron continues its trend of beating EPS estimates, it could signal strong operational performance and effective cost management, leading to a positive market reaction.

Bear Case

On the other hand, if revenue growth is lackluster or if management fails to provide clear guidance, it could lead to a negative reaction from investors.

Expectations

Two Questions That Matter

The print will turn on these two things.

What specific revenue growth figures can Itron provide for this quarter?

Revenue growth is critical for assessing the company's market position and future prospects, especially given the lack of prior guidance.

How is Itron addressing operational efficiency and cost management?

With rising costs in the tech sector, insights into operational strategies will be crucial for understanding profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Itron's potential for revenue growth due to its innovative product offerings and market expansion strategies.

Supporting Evidence

Itron has consistently beaten EPS estimates, indicating strong underlying performance.

The options market is pricing in a larger move than historical averages, suggesting that investors are bracing for significant news.

Management's focus on operational efficiency could lead to better-than-expected margins.

Key Risk

If revenue growth comes in below 5%, it could challenge the positive narrative surrounding Itron's market position.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on Itron's ability to demonstrate solid revenue growth and effective cost management strategies.

Bull Confirmed If

A revenue growth rate of at least 15% year-over-year would confirm strong demand and operational success.

Bear Confirmed If

Revenue growth below 5% would raise concerns about market competitiveness and operational challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±20.13%

Historical Avg

±8.0%

Pricing rich

The options market is pricing in a significant potential move in either direction, indicating heightened uncertainty ahead of the earnings report.

Options are pricing ±20.1% while ITRI has averaged ±8.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

34.1%

Calls (8K)P/C Ratio: 1.87Puts (2K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Itron beats expectations, history suggests the stock could rise by around 0.09% on the next trading day, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations but lack clear guidance, the stock may experience muted movement as investors weigh future prospects.

Miss

A miss could lead to a decline, with historical patterns suggesting a potential drop of around 21.12% based on past reactions.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on revenue growth and specific figures for this quarter.
2Any updates on new product launches or market expansions.
3Insights into cost management strategies and operational efficiency.
4Management's outlook on industry trends and competitive positioning.
5Responses to questions about potential challenges in the current market environment.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Jul27

DYNBMO

Dyne Therapeutics, Inc.

Insider activity

PreviewView

Jul

Company Snapshot

Itron, Inc. is a technology company that provides solutions for energy and water resource management....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of a company's profitability and is closely watched by investors.

N/A

Revenue Growth

Revenue growth shows how well the company is expanding its business and capturing market share.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

ITRI Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+23.93%

Avg Stock Reaction

-0.50%

Last Quarter Recap

In Q1 2026, Itron reported an EPS of $1.49, exceeding expectations by 18.73%. However, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Management committed to focusing on enhancing product offerings.
They emphasized the importance of expanding into new markets.
Plans to improve operational efficiency were highlighted.

Expectations

Wall Street Expectations

Bull Case

If Itron continues its trend of beating EPS estimates, it could signal strong operational performance and effective cost management, leading to a positive market reaction.

Bear Case

On the other hand, if revenue growth is lackluster or if management fails to provide clear guidance, it could lead to a negative reaction from investors.

Expectations

Two Questions That Matter

The print will turn on these two things.

What specific revenue growth figures can Itron provide for this quarter?

Revenue growth is critical for assessing the company's market position and future prospects, especially given the lack of prior guidance.

How is Itron addressing operational efficiency and cost management?

With rising costs in the tech sector, insights into operational strategies will be crucial for understanding profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Itron's potential for revenue growth due to its innovative product offerings and market expansion strategies.

Supporting Evidence

Itron has consistently beaten EPS estimates, indicating strong underlying performance.

The options market is pricing in a larger move than historical averages, suggesting that investors are bracing for significant news.

Management's focus on operational efficiency could lead to better-than-expected margins.

Key Risk

If revenue growth comes in below 5%, it could challenge the positive narrative surrounding Itron's market position.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on Itron's ability to demonstrate solid revenue growth and effective cost management strategies.

Bull Confirmed If

A revenue growth rate of at least 15% year-over-year would confirm strong demand and operational success.

Bear Confirmed If

Revenue growth below 5% would raise concerns about market competitiveness and operational challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±20.13%

Historical Avg

±8.0%

Pricing rich

The options market is pricing in a significant potential move in either direction, indicating heightened uncertainty ahead of the earnings report.

Options are pricing ±20.1% while ITRI has averaged ±8.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

34.1%

Calls (8K)P/C Ratio: 1.87Puts (2K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Itron beats expectations, history suggests the stock could rise by around 0.09% on the next trading day, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations but lack clear guidance, the stock may experience muted movement as investors weigh future prospects.

Miss

A miss could lead to a decline, with historical patterns suggesting a potential drop of around 21.12% based on past reactions.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on revenue growth and specific figures for this quarter.
2Any updates on new product launches or market expansions.
3Insights into cost management strategies and operational efficiency.
4Management's outlook on industry trends and competitive positioning.
5Responses to questions about potential challenges in the current market environment.