Badger Meter (BMI) Surpasses Q2 Earnings and Revenue Estimates

Over the last four quarters, the company has surpassed consensus EPS estimates four times. Badger Meter shares have added about 25.7% since the beginning of the year versus the S&P 500's gain of 16.2%. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings es ...