Badger Meter Expects To Face Tougher Comparisons In 2H Amid Macroeconomic Uncertainty
Portfolio Pulse from Benzinga Newsdesk
Badger Meter (NYSE:BMI) expects to face tougher comparisons in the second half of the year due to macroeconomic uncertainty. However, the company is well-positioned to sustain its pattern of profitable growth due to its innovative offerings and end market resiliency. It also expects benefits from stabilizing supply chain and inflation dynamics for the rest of the year.
July 20, 2023 | 12:38 pm
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NEUTRAL IMPACT
Badger Meter is expected to face tougher comparisons in 2H due to macroeconomic uncertainty, but is confident in its ability to sustain profitable growth and benefit from stabilizing supply chain and inflation dynamics.
The news directly pertains to Badger Meter and its future performance. The company's confidence in its ability to sustain growth and benefit from stabilizing supply chain and inflation dynamics could potentially offset the impact of the expected tougher comparisons in the second half of the year. However, the macroeconomic uncertainty introduces a level of risk, hence the neutral score.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100