Badger Meter Inc. Reveals 10% Advance In Q1 Earnings

(RTTNews) - Badger Meter Inc. (BMI) reported a profit for its first quarter that advanced compared to the same period last year.

The company said its bottom line rose to $8.75 million, or $0.30 per share. This was higher than $7.99 million, or $0.28 per share, in last year's first quarter.

Analysts had expected the company to earn $0.27 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.0% to $101.61 million. This was up from $100.57 million last year.

Badger Meter Inc. earnings at a glance:

-Earnings (Q1): $8.75 Mln. vs. $7.99 Mln. last year. -Earnings Growth (Y-o-Y): 9.5% -EPS (Q1): $0.30 vs. $0.28 last year. -EPS Growth (Y-o-Y): 7.1% -Analysts Estimate: $0.27 -Revenue (Q1): $101.61 Mln vs. $100.57 Mln last year. -Revenue Change (Y-o-Y): 1.0%