Badger Meter (BMI) Tops Q2 EPS by 1c, Miss on Revenues

Badger Meter (NYSE: BMI) reported Q2 EPS of $0.36, $0.01 better than the analyst estimate of $0.35. Revenue for the quarter came in at $104.17 million versus the consensus estimate of $108.02 million.

Second Quarter 2017 Highlights

• Net sales of $104,176,000 for the second quarter of 2017 were a record for any quarter and increased 0.3% from sales of $103,820,000 for the second quarter of 2016.
• Net earnings of $10,614,000 for the second quarter of 2017 were a record for any quarter and increased 12.9% from net earnings of $9,400,000 for the second quarter of 2016.
• Diluted earnings per share of $0.36 for the second quarter of 2017 were a record for any quarter and increased 12.5% from diluted earnings per share of $0.32 for the second quarter of 2016.

For earnings history and earnings-related data on Badger Meter (BMI) click here.

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