Badger Meter Reports Q3 GAAP EPS Beat Amid Revenue Miss
Badger Meter (NYSE: BMI) reported third-quarter financial results featuring a beat on earnings per share but a miss on top-line revenue. The company posted GAAP EPS of $1.24, exceeding analyst expectations by $0.03. However, quarterly revenue reached $235.9 million, falling short of estimates by approximately $4.88 million. Despite the revenue shortfall, the company demonstrated improved operational efficiency. Operating earnings rose 4% year-over-year to $47.7 million, while operating profit margins expanded to 20.2%, up from 19.6% in the same quarter last year.
Tickers: $BMI
Topics: earnings beat GAAP EPS operating margin expansion revenue miss