Badger Meter, Inc. (NYSE:BMI) is reporting second quarter earnings results on Thursday 16th July 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.34 per share.
For the full year, analysts predict revenues of $ 416.77 million, while looking forward to income of $ 1.51 per share.
Previous Quarter Performance
Badger Meter, Inc. announced income for the first quarter of $ 0.41 per share, from the revenue of $ 108.51 million. The quarterly earnings gained 10.81 percent while revenues shrunk 2.30 percent compared with the same quarter last year.
Street analysts expected Badger Meter, Inc. to report income of $ 0.36 per share on revenue of $ 106.67 million for the first quarter. The bottom line results beat street analysts by $ 0.05 or 13.89 percent, at the same time, top line results outshined analysts by $ 1.84 million or 1.72 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of BMI was $ 56.00, representing a 34.94 % increase from the 52 week low of $ 41.50 and a 20.94 % decrease over the 52 week high of $ 70.83.
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Recent Analyst recommendations
On 18th June 2020, maintained by Robert W. Baird at Neutral rating, with $ 63.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.17 per share on April 24, 2020. The dividend were payable on June 12, 2020 to holders of record as of the close of business on May 29, 2020 and ex-dividend date on May 28, 2020.
Conference Call
Badger Meter, Inc. will be hosting a conference call at 11:00 AM eastern time on 16th July 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, 1-833-921-1631 U.S. or 1-236-714-2109 (International), with passcode : 6378486 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.badgermeter.com
Badger Meter, Inc. provides flow measurement, control, and communication solutions worldwide. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities.
