Equity Profile

ITRI

Itron, Inc.

Information TechnologyElectronic Equipment & Instruments$3.7B

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 profitability and will show how well Itron is managing its costs and revenue.

N/A

Revenue Growth

Revenue growth is crucial for understanding demand for Itron's products and services, especially in a competitive market.

N/A

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 in the Information Technology sector, Itron focuses on smart metering and data analytics, which are increasingly important as industries aim to improve efficiency and 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%. The stock experienced a slight increase of 0.09% the following day, indicating a mixed market reaction despite the earnings beat.

Management Promises & Guidance

Continued focus on expanding smart grid solutions.
Commitment to enhancing data analytics capabilities.
Plans to improve operational efficiency.

Expectations

Wall Street Expectations

Overall, expectations are mixed as Itron has consistently beaten EPS estimates in recent quarters, but the market's reaction has been volatile.

Bull Case

If Itron can maintain its trend of beating EPS estimates and demonstrate strong revenue growth, investor confidence could increase significantly.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a sharp decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given Itron's track record of beating EPS estimates, the actual EPS figure will be crucial in determining market sentiment.

How is Itron addressing competition in the smart metering space?

Understanding Itron's competitive strategy will help gauge its future growth potential and market position.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Itron's ability to leverage its data analytics capabilities to drive growth, especially in a market increasingly focused on efficiency.

Supporting Evidence

Itron has consistently beaten EPS estimates, indicating strong operational management.

The options market is pricing a significant move, suggesting investors expect a surprise.

Recent trends in energy management suggest increasing demand for Itron's solutions.

Key Risk

If Itron's EPS comes in below $1.30, it could undermine the bullish sentiment surrounding its growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether Itron can sustain its earnings growth amid increasing competition and market pressures.

Bull Confirmed If

An EPS of $1.60 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $1.30 would raise concerns about profitability and market demand.

Pre-Earnings Positioning

Options Market

Implied Move

±20.13%

Historical Avg

±8.0%

Pricing rich

The options market is pricing in a significant move, indicating that investors expect volatility around the earnings announcement.

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 following day, confirming a bullish outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction, reflecting cautious investor sentiment.

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

1Updates on new contracts or partnerships in smart metering.
2Any commentary on cost management and operational efficiency.
3Insights into market demand for Itron's products.
4Details on competitive positioning in the energy management sector.
5Future guidance on revenue growth and strategic initiatives.

See the full picture

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

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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 profitability and will show how well Itron is managing its costs and revenue.

N/A

Revenue Growth

Revenue growth is crucial for understanding demand for Itron's products and services, especially in a competitive market.

N/A

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

Management Promises & Guidance

Continued focus on expanding smart grid solutions.
Commitment to enhancing data analytics capabilities.
Plans to improve operational efficiency.

Expectations

Wall Street Expectations

Overall, expectations are mixed as Itron has consistently beaten EPS estimates in recent quarters, but the market's reaction has been volatile.

Bull Case

If Itron can maintain its trend of beating EPS estimates and demonstrate strong revenue growth, investor confidence could increase significantly.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a sharp decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given Itron's track record of beating EPS estimates, the actual EPS figure will be crucial in determining market sentiment.

How is Itron addressing competition in the smart metering space?

Understanding Itron's competitive strategy will help gauge its future growth potential and market position.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Itron's ability to leverage its data analytics capabilities to drive growth, especially in a market increasingly focused on efficiency.

Supporting Evidence

Itron has consistently beaten EPS estimates, indicating strong operational management.

The options market is pricing a significant move, suggesting investors expect a surprise.

Recent trends in energy management suggest increasing demand for Itron's solutions.

Key Risk

If Itron's EPS comes in below $1.30, it could undermine the bullish sentiment surrounding its growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether Itron can sustain its earnings growth amid increasing competition and market pressures.

Bull Confirmed If

An EPS of $1.60 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $1.30 would raise concerns about profitability and market demand.

Pre-Earnings Positioning

Options Market

Implied Move

±20.13%

Historical Avg

±8.0%

Pricing rich

The options market is pricing in a significant move, indicating that investors expect volatility around the earnings announcement.

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 following day, confirming a bullish outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction, reflecting cautious investor sentiment.

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

1Updates on new contracts or partnerships in smart metering.
2Any commentary on cost management and operational efficiency.
3Insights into market demand for Itron's products.
4Details on competitive positioning in the energy management sector.
5Future guidance on revenue growth and strategic initiatives.