Badger Meter Inc (BMI, Financial) is set to release its Q3 2024 earnings on Oct 17, 2024. The consensus estimate for Q3 2024 revenue is $212.15 million, and the earnings are expected to come in at $1.09 per share. The full year 2024's revenue is expected to be $830 million and the earnings are expected to be $4.21 per share. More detailed estimate data can be found on the Forecast page.
Badger Meter Inc (BMI, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Badger Meter Inc (BMI) for the full year 2024 have increased from $815.47 million to $830 million, and for 2025 from $886.52 million to $902.92 million. Similarly, earnings estimates have risen from $4.05 per share to $4.21 per share for the full year 2024, and from $4.19 per share to $4.78 per share for 2025.
Badger Meter Inc (BMI, Financial) Reported History
In the previous quarter of June 30, 2024, Badger Meter Inc's (BMI) actual revenue was $216.66 million, which beat analysts' revenue expectations of $203.443 million by 6.5%. Badger Meter Inc's (BMI) actual earnings were $1.12 per share, which beat analysts' earnings expectations of $0.985 per share by 13.71%. After releasing the results, Badger Meter Inc (BMI) was down by -1.77% in one day.
Badger Meter Inc (BMI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 5 analysts, the average target price for Badger Meter Inc (BMI) is $212.4 with a high estimate of $235 and a low estimate of $184. The average target implies a downside of -4.35% from the current price of $222.06.
Based on GuruFocus estimates, the estimated GF Value for Badger Meter Inc (BMI, Financial) in one year is $193.73, suggesting a downside of -12.76% from the current price of $222.06.
Based on the consensus recommendation from 7 brokerage firms, Badger Meter Inc's (BMI, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
