Badger MeterBMI stock fell by 1.36% on Monday after the company reported its Q3 earnings results on Friday, October 15, 2021 at 08:30 AM.
Here's what investors need to know about the announcement.
Earnings
Badger Meter beat their estimated earnings by 8.0%, which did not surprise analysts.
Revenue was up $15,151,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02, which was followed by a 1.93% drop in the share price the next day.
Here's a look at Badger Meter's past performance and the resulting price change:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
---|---|---|---|---|---|
EPS Estimate | 0.50 | 0.46 | 0.42 | 0.43 | 0.38 |
EPS Actual | 0.54 | 0.48 | 0.47 | 0.45 | 0.51 |
Price Change % | 0.74% | -1.93% | 4.66% | -5.11% | 11.9% |
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