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

Badger Meter

20/07/2023 15:31

* Badger Meter Inc  BMI.N  reported quarterly adjusted
earnings of
76 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
65 cents per share.
    * Revenue rose 27.6% to $175.86 million from a year ago;
analysts
expected $156.85 million. 
    * Badger Meter Inc's reported EPS for the quarter was 76
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Badger Meter Inc shares had fallen by 1.3% this
quarter and
gained 33.6% so far this year.
    * The company reported quarterly net income of $22.49
million.
    * Wall Street's median 12-month price target for Badger
Meter Inc
is $136.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
20 at 02:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.65           0.76           Beat
 Mar. 31 2023      0.55           0.66           Beat
 Dec. 31 2022      0.61           0.60           Missed
 Sep. 30 2022      0.57           0.61           Beat