Plus   Neg

Badger Meter Inc. Q2 Income Retreats

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

The company's bottom line came in at $9.53 million, or $0.33 per share. This compares with $11.35 million, or $0.39 per share, in last year's second quarter.

Analysts had expected the company to earn $0.34 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 12.0% to $91.12 million from $103.54 million last year.

Badger Meter Inc. earnings at a glance:

-Earnings (Q2): $9.53 Mln. vs. $11.35 Mln. last year.
-EPS (Q2): $0.33 vs. $0.39 last year.
-Analysts Estimate: $0.34
-Revenue (Q2): $91.12 Mln vs. $103.54 Mln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT