Badger Meter (BMI) Q1 Earnings & Revenues Top Estimates

Badger Meter, Inc (BMI) reported earnings per share (EPS) of 99 cents for first-quarter 2024, which beat the Zacks Consensus Estimate by 16.5%. Also, the bottom line compared favorably with the year-ago quarter’s EPS of 66 cents.Quarterly net sales increased to $196.3 million, up 23.4% from $159.1 million in the year-ago quarter. The increase was primarily driven by robust customer demand for its smart water solutions and operating execution.  Also, the top line beat the consensus mark by 7.3%.Earlier, in t ...