Badger Meter (BMI) Q4 Earnings & Revenues Beat Estimates

Badger Meter, Inc (BMI) reported earnings per share (EPS) of 84 cents for fourth-quarter 2023, which beat the Zacks Consensus Estimate by 5%. Also, the bottom line compared favorably with the year-ago quarter’s EPS of 60 cents.Net earnings in the reported quarter were $24.7 million compared with $17.6 million in the year-ago period. The year-over-year improvement can be primarily attributed to higher revenues.Quarterly net sales increased to $182.4 million from $147.3 million in the year-ago quarter. The 23 ...