Badger Meter Inc. Reports 6% Rise In Q3 Profit

(RTTNews) - Badger Meter Inc. (BMI) reported earnings for its third quarter that rose from last year.

The company said its bottom line climbed to $8.79 million, or $0.30 per share. This was up from $8.33 million, or $0.29 per share, in last year's third quarter.

Analysts had expected the company to earn $0.33 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 3.1% to $96.27 million. This was down from $99.39 million last year.

Badger Meter Inc. earnings at a glance:

-Earnings (Q3): $8.79 Mln. vs. $8.33 Mln. last year. -Earnings Growth (Y-o-Y): 5.5% -EPS (Q3): $0.30 vs. $0.29 last year. -EPS Growth (Y-o-Y): 3.4% -Analysts Estimate: $0.33 -Revenue (Q3): $96.27 Mln vs. $99.39 Mln last year. -Revenue Change (Y-o-Y): -3.1%