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Badger Meter Inc. Q4 adjusted earnings Beat Estimates

Badger Meter Inc. (BMI) revealed earnings for its fourth quarter that increased from last year.

The company's profit came in at $11.24 million, or $0.39 per share. This compares with $7.23 million, or $0.25 per share, in last year's fourth quarter.

Excluding items, Badger Meter Inc. reported adjusted earnings of $11.60 million or $0.40 per share for the period.

Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.0% to $104.41 million from $96.65 million last year.

Badger Meter Inc. earnings at a glance:

-Earnings (Q4): $11.60 Mln. vs. $7.23 Mln. last year.
-EPS (Q4): $0.40 vs. $0.25 last year.
-Analysts Estimate: $0.38
-Revenue (Q4): $104.41 Mln vs. $96.65 Mln last year.

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