Badger Meter Q2 Sales Beat Estimates Despite 7% Decline; Guides Flattish 2026 Revenue
BMI sits 28% above its 52-week low of $112.09.
Summary
Badger Meter reported Q2 sales of $222.3M, down 7% YoY but slightly above the $220.2M consensus. Diluted EPS fell 13% to $1.02. The company cited uneven AMI project phasing for the utility water sales decline, partially offset by cost management and 6% growth in flow instrumentation. Full-year 2026 revenue, excluding acquisitions, is expected to be flattish versus 2025. The completed UDlive acquisition expands sewer line monitoring capabilities. This follows a Q1 where EPS dropped 28%, so the sequential improvement and slight beat may stabilize sentiment, though the flattish outlook tempers enthusiasm.
At the time of this announcement, BMI was trading at $143.02 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $4.3B. The 52-week trading range was $112.09 to $247.29. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.