Badger Meter Inc expected to post earnings of 82 cents a share - Earnings Preview

Badger Meter

16/04/2024 14:33

* Badger Meter Inc  BMI.N   BMI  is expected to show a rise
in
quarterly revenue when it reports  results on April 18 for the
period ending March 31 2024
    * The Milwaukee Wisconsin-based  company is expected to
report a
14.6% increase in revenue to $182.26 million from $159.1 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Badger Meter Inc is for
earnings of 82 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Badger
Meter Inc
is $151.00​, below​ its last closing price of $153.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.81        0.82       0.84      Beat    2.4
 Sep. 30 2023  0.79        0.81       0.88      Beat    8.9
 Jun. 30 2023  0.68        0.65       0.76      Beat    16.6​
 Mar. 31 2023  0.56        0.55       0.66      Beat    19.5
 ​​Dec.        0.61        0.61       0.60      Missed  -1.6
 31 2022                                                
 Sep. 30 2022  0.57        0.57       0.61      Beat    6.4​
 Jun. 30 2022  0.52        0.52       0.57      Beat    10.7
 Mar. 31 2022  0.51        0.51       0.49      Missed  -3.2
 This summary was machine generated April 16 at 13:33 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)