Badger Meter Inc. Reports Gain In Q2 Profit

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

The company's profit totaled $13.97 million, or $0.48 per share. This compares with $9.53 million, or $0.33 per share, in last year's second quarter.

Analysts had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 34.8% to $122.87 million from $91.12 million last year.

Badger Meter Inc. earnings at a glance:

-Earnings (Q2): $13.97 Mln. vs. $9.53 Mln. last year.
-EPS (Q2): $0.48 vs. $0.33 last year.
-Analysts Estimate: $0.46
-Revenue (Q2): $122.87 Mln vs. $91.12 Mln last year.

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