Badger Meter Q1 2024 GAAP EPS $0.99 Beats $0.83 Estimate, Sales $196.280M Beat $182.260M Estimate
Portfolio Pulse from Benzinga Newsdesk
Badger Meter reported Q1 2024 earnings of $0.99 per share, surpassing the $0.83 estimate, marking a 50% increase from last year. Sales reached $196.280M, beating the $182.260M estimate, a 23.37% increase from the previous year.
April 18, 2024 | 12:32 pm
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Badger Meter's Q1 2024 earnings and sales exceeded estimates, with significant year-over-year growth.
Badger Meter's earnings and sales not only surpassed analyst expectations but also showed substantial growth compared to the previous year. This performance is likely to positively influence investor sentiment and could lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100