Badger Meter Inc. (BMI) reported first quarter EPS of $0.20 after the bell Tuesday, down from $0.42 in the prior year. The consensus estimate was for EPS of $0.50.
Badger Meter gapped open sharply lower Wednesday and steadily declined until noon. The stock finished down by 7.52 at $44.80 on the highest volume in 5 months. Badger Meter sank to a 3-month low.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.