Itron Shares Plunge Despite Strong Quarterly Performance
31.10.2025 - 10:08:04Market Punishes Conservative Outlook
Itron experienced a dramatic sell-off in after-hours trading yesterday, with its stock price collapsing by over 13%. This sharp decline occurred even as the company reported quarterly earnings that surpassed analyst expectations. The market’s negative reaction was primarily driven by disappointing revenue guidance and a subsequent analyst downgrade issued this morning.
The technology company delivered an adjusted earnings per share of $1.54, exceeding the projected $1.48. Revenue reached $582 million, also beating estimates, though this figure represents a 5% decrease compared to the same period last year.
Despite these results, investor sentiment turned sharply negative, pushing shares down as much as 14.9% to $117.59. The sell-off was triggered by several factors:
* A modest downward revision Read more...
