Badger Meter Q3 GAAP EPS $0.88 Vs $0.61 Prior Year, Sales $186.19M Beat $179.12M Estimate
Portfolio Pulse from Benzinga Newsdesk
Badger Meter reported Q3 earnings of $0.88 per share, a 44.26% increase from the same period last year. The company's quarterly sales were $186.19 million, beating the analyst consensus estimate of $179.12 million by 3.95% and marking a 25.80% increase from last year.
October 19, 2023 | 12:32 pm
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POSITIVE IMPACT
Badger Meter's Q3 earnings and sales beat estimates, showing significant YoY growth. This could positively impact the company's stock in the short term.
Badger Meter's Q3 earnings and sales exceeded expectations and showed significant year-over-year growth. This strong performance could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100