Equity Profile

ITRI

Itron, Inc.

Information TechnologyElectronic Equipment & Instruments$4.3B

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 the company's profitability and financial health, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and increase sales, which is crucial for long-term success.

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 in the Information Technology sector, Itron focuses on smart grid technology 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

Focus on expanding smart grid solutions.
Commitment to enhancing data analytics capabilities.
Plans to increase customer engagement and retention.

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of Itron's earnings report, especially given the company's strong track record of beating EPS estimates. However, the lack of revenue guidance raises concerns about future growth.

Bull Case

If Itron continues its trend of beating EPS estimates and provides positive commentary on revenue growth, it could signal strong demand for its products and services.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant sell-off, especially given the heightened options pricing.

Expectations

Two Questions That Matter

The print will turn on these two things.

What specific revenue growth figures can Itron provide for its smart grid solutions?

This will help investors gauge the company's market performance and future prospects, especially in a competitive landscape.

How many new customer contracts were secured in the last quarter?

New customer acquisition is critical for growth, and insights here could impact investor confidence significantly.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Itron's ability to capture new market opportunities in smart grid technology, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

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

The options market is pricing a larger move than historical averages, suggesting potential for a surprise.

Recent trends in energy management indicate growing demand for Itron's solutions.

Key Risk

If Itron reports new customer contracts significantly above expectations, it could shift market sentiment dramatically.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Itron can maintain its growth trajectory amid increasing competition and economic pressures.

Bull Confirmed If

Revenue growth of at least 15% year-over-year would confirm strong demand for Itron's solutions.

Bear Confirmed If

Any indication of declining customer contracts or revenue growth below 5% would raise serious concerns.

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 around 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 and raises guidance, history suggests the stock could see an average one-day move of around +0.09%, confirming bullish sentiment.

In-Line / Cautious

If results are in line with expectations but lack strong guidance, the stock may react neutrally, reflecting investor caution.

Miss

Should Itron miss expectations, history suggests a potential downside move of around -21.12%, indicating a significant market reaction.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new customer contracts or partnerships.
2Details on revenue growth from smart grid solutions.
3Insights into operational efficiencies and cost management.
4Management's outlook on market conditions and competition.
5Any commentary on future product innovations or technology advancements.

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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 the company's profitability and financial health, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and increase sales, which is crucial for long-term success.

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

Focus on expanding smart grid solutions.
Commitment to enhancing data analytics capabilities.
Plans to increase customer engagement and retention.

Expectations

Wall Street Expectations

Bull Case

If Itron continues its trend of beating EPS estimates and provides positive commentary on revenue growth, it could signal strong demand for its products and services.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant sell-off, especially given the heightened options pricing.

Expectations

Two Questions That Matter

The print will turn on these two things.

What specific revenue growth figures can Itron provide for its smart grid solutions?

This will help investors gauge the company's market performance and future prospects, especially in a competitive landscape.

How many new customer contracts were secured in the last quarter?

New customer acquisition is critical for growth, and insights here could impact investor confidence significantly.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Itron's ability to capture new market opportunities in smart grid technology, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

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

The options market is pricing a larger move than historical averages, suggesting potential for a surprise.

Recent trends in energy management indicate growing demand for Itron's solutions.

Key Risk

If Itron reports new customer contracts significantly above expectations, it could shift market sentiment dramatically.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Itron can maintain its growth trajectory amid increasing competition and economic pressures.

Bull Confirmed If

Revenue growth of at least 15% year-over-year would confirm strong demand for Itron's solutions.

Bear Confirmed If

Any indication of declining customer contracts or revenue growth below 5% would raise serious concerns.

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 around 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 and raises guidance, history suggests the stock could see an average one-day move of around +0.09%, confirming bullish sentiment.

In-Line / Cautious

If results are in line with expectations but lack strong guidance, the stock may react neutrally, reflecting investor caution.

Miss

Should Itron miss expectations, history suggests a potential downside move of around -21.12%, indicating a significant market reaction.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new customer contracts or partnerships.
2Details on revenue growth from smart grid solutions.
3Insights into operational efficiencies and cost management.
4Management's outlook on market conditions and competition.
5Any commentary on future product innovations or technology advancements.