Badger Meter Q2 EPS $0.76 Beats $0.65 Estimate, Sales $175.86M Beat $156.85M Estimate
Portfolio Pulse from Benzinga Newsdesk
Badger Meter reported Q2 earnings of $0.76 per share, beating the analyst consensus estimate of $0.65 by 16.92%. This is a 33.33% increase over earnings of $0.57 per share from the same period last year. The company also reported quarterly sales of $175.86 million, beating the analyst consensus estimate of $156.85 million by 12.12%. This is a 27.59% increase over sales of $137.83 million the same period last year.
July 20, 2023 | 12:33 pm
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POSITIVE IMPACT
Badger Meter's Q2 earnings and sales beat estimates, showing significant YoY growth. This could positively impact the company's stock.
Badger Meter's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for the stock. The significant YoY growth in both earnings and sales also indicates strong performance, which could further boost investor confidence and drive the stock price up.
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