ITRI Earnings

ITRI reported its earnings on 2026-02-17, showcasing a revenue of 571.66M against an estimate of 561.79M, resulting in a 1.76% surprise. The EPS was 2.46, surpassing the expected 2.19 by 12.33%. The stock experienced a 7.91% price change on the earnings day and a 11.39% change over the next five days, reflecting market reactions to the results.

Following ITRI's earnings announcement on 2026-02-17, the stock price moved by 7.91% on the day of the release. Over the subsequent five days, it saw a 11.39% change. Historically, ITRI's stock price tends to shift by an average of -1.06% in the 10 days leading up to earnings and 0.44% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate ITRI's annual revenue to reach 602.82M, while the EPS is projected at 1.35. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between ITRI's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, ITRI's stock price typically moves by -1.06% in the 10 days before its earnings and 0.44% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 1.35 and revenue of 602.82M.

The earnings call presents mixed signals. Financial performance shows some positive aspects like increased free cash flow and gross margin, but revenue declines in key segments are concerning. The Q&A highlights stable utility demand and growth in ARR, yet management's vague responses about future bookings and market share gains add uncertainty. The Urbint acquisition and structural shift towards recurring revenue are positives, but the tempered year-end booking expectations and revenue decline offset these. Given the market cap, the stock is likely to remain neutral within the next two weeks.