Badger Meter Inc. Profit Advances 19% In Q2

(RTTNews) - Badger Meter Inc. (BMI) announced earnings for its second quarter that increased compared to the same period last year.

The company said its bottom line totaled $9.40 million, or $0.65 per share. This was higher than $7.90 million, or $0.55 per share, in last year's second quarter.

Analysts had expected the company to earn $0.65 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.0% to $103.82 million. This was up from $98.90 million last year.

Badger Meter Inc. earnings at a glance:

-Earnings (Q2): $9.40 Mln. vs. $7.90 Mln. last year. -Earnings Growth (Y-o-Y): 19.0% -EPS (Q2): $0.65 vs. $0.55 last year. -EPS Growth (Y-o-Y): 18.2% -Analysts Estimate: $0.65 -Revenue (Q2): $103.82 Mln vs. $98.90 Mln last year. -Revenue Change (Y-o-Y): 5.0%