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Badger Meter Inc. Q4 adjusted earnings Inline With Estimates

Badger Meter Inc. (BMI) reported earnings for its fourth quarter that advanced from the same period last year.

The company's profit came in at $12.27 million, or $0.42 per share. This compares with $11.24 million, or $0.39 per share, in last year's fourth quarter.

Excluding items, Badger Meter Inc. reported adjusted earnings of $12.27 million or $0.42 per share for the period.

Analysts had expected the company to earn $0.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.0% to $107.56 million from $104.41 million last year.

Badger Meter Inc. earnings at a glance:

-Earnings (Q4): $12.27 Mln. vs. $11.60 Mln. last year.
-EPS (Q4): $0.42 vs. $0.40 last year.
-Analysts Estimate: $0.42
-Revenue (Q4): $107.56 Mln vs. $104.41 Mln last year.

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