There is potential for a revenge trade here. Itron (ITRI) to Revamp City of Fuengirola Into a Smart City Zacks Equity Research Tue, March 29, 2022, 8:58 AM In this article: Itron, Inc. ITRI and the City of Fuengirola, Spain, recently joined forces to transform the latter’s smart city vision into a reality. Per the collaboration, the City of Fuengirola, which houses more than 82,000 permanent residents, will deploy Itron’s smart city platform. This solution will include a city-wide mesh network developed for industrial Internet of Things (IIoT) devices and Itron’s device and data management platform, SLV. Itron will run the IIoT network within a four-year Network-as-a-Service (NaaS) agreement. Implementation of the Itron solution is expected to conclude by the end of 2022. Notably, 80% of the project will be co-sponsored by European Regional Development Fund within the framework of the Pluriregional Program of Spain 2014–2020. Advantages of Itron Smart City Platform Itron’s smart city solution will enable the City of Fuengirola to use a broad array of smart city applications to increase energy efficiency, reduce operational costs and boost the quality of life for its citizens. Initially, intelligent street lighting, noise detection and smart traffic monitoring will be implemented. Intelligent street lighting will deliver numerous benefits like enhanced safety and increased customer satisfaction. This will help the city map its future investments and services more efficiently. Itron will also manage the mesh network and SLV software on behalf of the City of Fuengirola. This consists of the deployment of the IIoT network, supply of the sensors and controllers for initial use-cases and four years of connectivity for each device. Access to SLV will give the city augmented capabilities of advanced asset management, data visualization, analytics and real-time control. The key target of the project is to rev up urban modernization, fuel the digital transformation of city services and enhance the citizen experience for the residents of the City of Fuengirola. This collaboration will create an environment for the citizens of the municipality that is more efficient, comfortable and sustainable. Moreover, the project will lay the foundation to fulfill the City of Fuengirola’s vision to transform into a holistic smart city and meet its sustainability goals. Per Itron, it is proud to be part of the City of Fuengirola’s smart city transformation journey with the help of its streetlight management system. By leveraging Itron’s NaaS and Software-as-a-Service (SaaS) offering, the City of Fuengirola can focus on reaping the benefits of its smart city platform rather than investing in IT and field-based resources to manage and maintain the infrastructure. Promising Prospects for ITRI Headquartered in Liberty Lake, WA, Itron is one of the prominent suppliers of a wide array of standard, advanced and smart meters and meter communication systems, including networks and communication modules, sensors, data analytics and services and software devices globally. Itron has been consistently working toward expanding its global presence, taking advantage of reliable and efficient solutions in the utility sector. A few days back, Itron announced that its IntelliSOURCE-powered DER Optimizer solution is being implemented by Florida-based Duke Energy to operate a new managed electronic vehicles (or EV) charging program. Duke Energy will deploy the DER Optimizer solution in the first quarter of 2022 and use it for the next four years. Prior to that, Itron inked a contract with Consolidated Utility District (CUD) to upgrade the latter’s existing water infrastructure to enable greater efficiency, reliability and value. This contract will help the Itron solution to boost the operational efficiency and customer service of more than 160,000 CUD customers across Rutherford County in central Tennessee. Shares of ITRI have plunged 40.4% compared with the industry’s fall of 0.6% in the past year. Zacks Investment Research
2/28 guided lower--that's out of the way- Itron sees FY22 EPS $1.25-$1.75, consensus $2.12 02/28 ITRI Sees FY22 revenue $2B-$2.1B, consensus $2.2B. The company said, "Guidance assumes an average euro to U.S. dollar foreign currency exchange rate of $1.14 in 2022, diluted weighted average shares outstanding of approximately 45.5 million for the year, and a non-GAAP effective tax rate for the year of approximately 25%." As interest rates go up amount of debt is important. As well companies that have not warned now become problematic. It's different now- and companies that have lowered earnings expectations are going to be the ones to own for any amount of time. Foot Locker comes to mind. - And ITRI
I screwed up, it was the pump that jumped from $2 to $3.4 Timmy mentioned, bad eyes here. Edited: CLVR, did not take a rocket scientist for him to use his scanner.
i have 3 batches 377.5; 340; and 360............. id let that 340 batch go at 440 for sure! hoping to hold the others for +100 as well
Stoney!!!! When do we leave? An Inside Look at RH’s First Private Charter Jet With the debut of its first charter jet and a global expansion under way, the home company embarks on a new journey. By Sam Cochran It’s hard to imagine something you haven’t seen before,” says Gary Friedman, the chairman and CEO of RH, speaking via Zoom this past July. “We’re inspired to find out what could be—you don’t know until you push the boundaries.” These days, the intrepid entrepreneur isn’t holding back as he endeavors to reposition the company as a global thought leader and tastemaker, all the while scaling what he calls “the luxury mountain.” That ascent begins soon with the launch of RH One, the brand’s first fully designed private jet. Available for charter, the 12-passenger Gulfstream G650 is at once a radical departure for the company and a natural extension of its core design ethos, which is rooted in the Vitruvian principles of balance, symmetry, and proportion. The one-of-a-kind cabin is clad entirely in brushed European pale white oak, a look more in keeping with Art Deco ocean liners than contemporary planes—and an engineering feat reportedly never before attempted. Enriching that quiet timber cocoon are stainless-steel details and a dozen streamlined lounge chairs, each upholstered in fine charcoal linen that complements the hand-tufted floor covering and echoes the exterior’s metallic paint. Outside, a champagne-hued undercarriage accentuates the aeronautical form.
I have 277 WSM $145.8 ave, I am happy RH drove it up! My average on WSM is about $10 lower from churning.