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

Badger Meter

19/10/2023 15:08

* Badger Meter Inc  BMI.N  reported quarterly adjusted
earnings of
88 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of 81 cents per share.
    * Revenue rose 25.8% to $186.19 million from a year ago;
analysts
expected $179.06 million. 
    * Badger Meter Inc's reported EPS for the quarter was 88
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Badger Meter Inc shares had fallen by 6.3% this
quarter and
gained 23.6% so far this year.
    * The company reported quarterly net income of $25.97
million.
    * Wall Street's median 12-month price target for Badger
Meter Inc
is $145.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 19 at 02:08 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.81           0.88           Beat
 Jun. 30 2023      0.65           0.76           Beat
 Mar. 31 2023      0.55           0.66           Beat
 Dec. 31 2022      0.61           0.60           Missed