Why Badger Meter Stock Is Sinking Again Today

Shares of leading water management and advanced metering infrastructure (AMI) provider Badger Meter (NYSE: BMI) are down 10% as of 11 a.m. ET on Wednesday following the company's fourth-quarter earnings release. For the full year, revenue, earnings per share (EPS), and free cash flow (FCF) grew by 11%, 13%, and 19%, respectively. However, Badger Meter's sales only rose by 8% in Q4 -- and just 2% on an organic basis -- and it fell short of Wall Street's guidance, prompting today's decline. The stock is now ...