Badger Meter Inc., under the symbol BMI, recently reported increased earnings for its fourth quarter. These earnings not only exceeded those from the previous year but also surpassed the market predictions.
The corporate earnings clocked in at $24.72 million, amounting to $0.84 per share. The previous year's fourth quarter saw the company profit at $17.54 million or $0.60 per share.
Forecasts from reputable analysts, as compiled by Thomson Reuters, had predicted an average earning of $0.82 per share for the company. Routines include the exclusion of special items while making such estimates.
Additionally, the company’s revenue for this quarter showed a 23.8% increase, rising to $182.44 billion from $147.32 billion last year.
To get a quick look at Badger Meter Inc.'s earnings (according to Generally Accepted Accounting Principles), refer to the details below:
- Earnings for Q4: $24.72 million (compared to $17.54 million the previous year).
- EPS for Q4: $0.84 (versus $0.60 last year).
- An average estimate by analysts: $0.82.
- Revenue for Q4: $182.44 billion (against $147.32 billion last year).
