Badger Meter's Q3 Earnings Beat Estimates, Sales Up Y/Y, Stock Down

Badger Meter, Inc (BMI) reported earnings per share (EPS) of $1.08 for third-quarter 2024, beating the Zacks Consensus Estimate by 5.9%. Also, the bottom line compared favorably with the year-ago quarter's EPS of 88 cents. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Quarterly net sales were $208.4 million, up 12% from $186.2 million in the year-ago quarter. The uptick resulted from continued strong yet normalizing demand for its tailorable water management solutions. However, th ...