Market Overview

A Preview Of Badger Meter's Earnings

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On Friday, October 16, Badger Meter (NYSE: BMI) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Based on Badger Meter management projections, analysts predict EPS of $0.38 on revenue of $100.45 million. Badger Meter reported a per-share profit of $0.44 when it published results during the same quarter last year. Sales in that period totaled $108.65 million. The Wall Street estimate would represent a 13.64% decline in the company's earnings. Sales would be down 7.54% on a year-over-year basis. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.34 0.36 0.42 0.43
EPS Actual 0.33 0.41 0.42 0.44
Revenue Estimate 98.65 M 106.67 M 108.63 M 111.29 M
Revenue Actual 91.12 M 108.51 M 107.56 M 108.65 M

Stock Performance

For a full 12 months, the return has risen by 19.09%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Badger Meter is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.badgermeter.com%2F&eventid=2633338&sessionid=1&key=1D6A6F3D48A33F0AF666D8EC78668E35&regTag=&sourcepage=register

 

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