In its upcoming report, Itron ( ITRI - Free Report ) is predicted by Wall Street analysts to post quarterly earnings of $1.30 per share, reflecting an increase of 4.8% compared to the same period last year. Revenues are forecasted to be $614.27 million, representing a year-over-year increase of 1.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.