The past year hasn't been kind to the stocks featured in this article.
Each has tumbled to their lowest points in 12 months, leaving investors to decide whether they're witnessing fire sales or falling knives.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at FARO (NASDAQ:FARO) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how inspection instruments stocks fared in Q4, starting with Itron (NASDAQ:ITRI).
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the inspection instruments industry, including Keysight (NYSE:KEYS) and its peers.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the inspection instruments industry, including Teledyne (NYSE:TDY) and its peers.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the inspection instruments industry, including Badger Meter (NYSE:BMI) and its peers.
Shares of resource management provider Itron (NASDAQ:ITRI) jumped 12.4% in the morning session after the company reported strong fourth-quarter 2024 results, with revenue, EPS, and EBITDA all exceeding Wall Street's expectations. Revenue grew 6% y/y fueled by robust demand for networked solutions and a 25% surge in its Outcomes segment, which benefited from increased software and services adoption.
Looking ahead, Itron provided optimistic full-year EPS guidance, which blew past analysts' expectations. Zooming out, we think this was a good quarter with some key areas of upside.
Resource management provider Itron (NASDAQ:ITRI) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 6.2% year on year to $612.9 million. On top of that, next quarter’s revenue guidance ($615 million at the midpoint) was surprisingly good and 6.2% above what analysts were expecting. Its non-GAAP profit of $1.35 per share was 29% above analysts’ consensus estimates.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Teledyne (NYSE:TDY) and the best and worst performers in the inspection instruments industry.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the inspection instruments industry, including Itron (NASDAQ:ITRI) and its peers.
Let’s dig into the relative performance of Keysight (NYSE:KEYS) and its peers as we unravel the now-completed Q3 inspection instruments earnings season.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Mirion (NYSE:MIR) and the rest of the inspection instruments stocks fared in Q3.
Itron trades at $119.35 per share and has stayed right on track with the overall market, gaining 8.5% over the last six months. At the same time, the S&P 500 has returned 13%.
