Earnings Preview For Badger Meter

Badger Meter (NYSE:BMI) is preparing to release its quarterly earnings on Thursday, 2024-10-17. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Badger Meter to report an earnings per share (EPS) of $1.11.

Badger Meter bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings History Snapshot

The company's EPS beat by $0.09 in the last quarter, leading to a 0.0% drop in the share price on the following day.

Here's a look at Badger Meter's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	1.03	0.82	0.82	0.81
EPS Actual	1.12	0.99	0.84	0.88
Price Change %	-2.0%	-1.0%	-6.0%	-1.0%

Market Performance of Badger Meter's Stock

Shares of Badger Meter were trading at $222.06 as of October 15. Over the last 52-week period, shares are up 59.04%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Badger Meter visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.