Badger Meter Set to Report Q4 Earnings: Here's What You Should Know

Core Viewpoint - Badger Meter, Inc. (BMI) is expected to report its fourth-quarter 2024 earnings on January 31, with revenue and earnings estimates indicating growth compared to the previous year [1][2]. Financial Performance Expectations - The Zacks Consensus Estimate for revenues is $198.9 million, reflecting a 9$1.01 per share, indicating a year-over-year increase of 20.2% [2]. - Analysts have raised their earnings estimates by 1 cent in the past 60 days [2]. - BMI has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average surprise of 10.4% [3]. Factors Influencing Earnings - Continued demand for BMI's smart water solutions, including mechanical and E-Series Ultrasonic meters, ORION Cellular endpoints, and BEACON Software-as-a-Service revenues, is expected to drive revenue growth [4]. - Secular trends in the water industry are increasing demand for digital water solutions, supported by a strong opportunity funnel and order book rates [5]. - The introduction of the BlueEdge platform in May 2024 is anticipated to contribute to revenue growth, with utility water sales rising 14% in the last quarter due to its adoption [6]. Market Expansion and Challenges - BMI is enhancing its presence in selected international markets with growth potential, likely increasing its market share in water-related applications [8]. - Management expressed caution regarding fewer operating days in Q4 due to the holiday season and potential delays in utility projects in the Southeastern U.S. due to hurricane recovery efforts [8][10]. - The company expects high single-digit sales growth rates moving forward, facing challenges from increased expenses, global macroeconomic uncertainty, forex volatility, and intensified competition [10].