Badger Meter Inc. Reveals Advance In Q1 Earnings

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

The company's profit came in at $10.82 million, or $0.37 per share. This compares with $7.55 million, or $0.26 per share, in last year's first quarter.

Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.2% to $104.88 million from $105.04 million last year.

Badger Meter Inc. earnings at a glance:

-Earnings (Q1): $10.82 Mln. vs. $7.55 Mln. last year. -EPS (Q1): $0.37 vs. $0.26 last year. -Analysts Estimate: $0.38 -Revenue (Q1): $104.88 Mln vs. $105.04 Mln last year.