** Water meter maker's shares  BMI.N  fall as much as 8.3%
to three-week low of $59.53; stock on track to post biggest
one-day pct loss in three months
    ** Reports lower-than-expected Q2 profit and revenue, hurt
by coronavirus-led lockdowns across U.S.  urn:newsml:reuters.com:*:nBw2mY1Qza
    ** While economic activity is improving, data and market
sentiment suggest the potential for a protracted recovery as
coronavirus-related disruption and uncertainty may weigh on
demand, supply chain and manufacturing output, as well as
municipal budgets - CEO Kenneth Bockhorst
    ** YTD, stock has fallen about 7%

 (Reporting by Ankit Ajmera in Bengaluru)
 ((ankit.ajmera@thomsonreuters.com))