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Badger Meter Inc. Q2 adjusted earnings Beat Estimates

Badger Meter Inc. (BMI) revealed earnings for second quarter that fell from the same period last year.

The company's earnings totaled $6.15 million, or $0.21 per share. This compares with $10.61 million, or $0.36 per share, in last year's second quarter.

Excluding items, Badger Meter Inc. reported adjusted earnings of $12.29 million or $0.42 per share for the period.

Analysts had expected the company to earn $0.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.1% to $113.65 million from $104.18 million last year.

Badger Meter Inc. earnings at a glance:

-Analysts Estimate: $0.39
-Revenue (Q2): $113.65 Mln vs. $104.18 Mln last year.

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