Badger Meter Inc reports results for the quarter ended in December - Earnings Summary

Badger Meter

26/01/2024 14:32

* Badger Meter Inc  BMI.N  reported quarterly adjusted
earnings of
84 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of 60 cents.  The mean expectation of five analysts for the
quarter was for earnings of 82 cents per share. Wall Street
expected results to range from 76 cents to 94 cents per share.
    * Revenue rose 23.8% to $182.44 million from a year ago;
analysts
expected $182.32 million. 
    * Badger Meter Inc's reported EPS for the quarter was 84
cents​.
    * The company reported quarterly net income of $24.72
million.
    * Badger Meter Inc shares had fallen by 1.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the industrial
machinery & equipment peer group is also "hold"

Wall Street's median 12-month price target for Badger Meter Inc
is $151.00 
This summary was machine generated from LSEG data January 26 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.82           0.84           Beat
 Sep. 30 2023      0.81           0.88           Beat
 Jun. 30 2023      0.65           0.76           Beat
 Mar. 31 2023      0.55           0.66           Beat