Badger Meter Reports Third Quarter 2018 Results
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Badger Meter (BMI) Tops Q3 EPS by 5c, Revenues Beat
October 17, 2018 8:31 AM EDTBadger Meter (NYSE: BMI) reported Q3 EPS of $0.46, $0.05 better than the analyst estimate of $0.41. Revenue for the quarter came in at $110.6 million versus the consensus estimate of $109.68 million.
Operating Results
We are pleased with the results achieved in our third quarter, with record net sales for a third quarter, and an all-time record for adjusted EPS at $0.46 driven by higher domestic municipal sales of our flagship products, favorable sales mix, as well as continued international sales momentum, most notably in the Middle East, said Richard A. Meeusen, chairman and chief executive officer of... More
