Why the Market Dipped But Itron (ITRI) Gained Today

Itron (ITRI) closed at $86.62, up 1.23% on the day, outperforming the broader market. However, the stock has declined 6.88% over the past month. The company is expected to report Q3 2026 earnings on October 27 with an EPS of $1.57 (+1.95% YoY) and revenue of $596.45 million (+2.55% YoY). Full-year estimates project $6.41 EPS and $2.39 billion revenue, representing a -10.1% and +0.87% change respectively. Itron holds a Zacks Rank #2 (Buy) with a Forward P/E of 13.35, trading at a discount to its industry average of 24.37.