Badger Meter Reports Second Quarter 2020 Results

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Badger Meter (BMI) Misses Q2 EPS by 1c

July 16, 2020 8:33 AM EDT

Badger Meter (NYSE: BMI) reported Q2 EPS of $0.33, $0.01 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $91.1 million versus the consensus estimate of $98.65 million.

Outlook:

As we finish the second quarter and look to the back half of the year and beyond, we remain optimistic about our long term opportunities for growth. Our backlog and bid funnel remain healthy, and interest in our solutions is strong. However, we... More