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Badger Meter's (BMI) third-quarter performance benefits from robust demand for smart water solutions.
Third-quarter revenue was up 26% year over year, easily beating the 21% growth Wall Street had expected. Earnings per share surged 44%, sailing by the 33% growth analysts had projected.
The heavy selling pressure might have exhausted for Badger Meter (BMI) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analyst
Badger Meter (BMI) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.61 per share a year ago.
Badger Meter (BMI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Badger Meter (BMI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Badger Meter (BMI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimat
Badger Meter's (BMI) third-quarter performance is likely to have benefited from increased demand for its digital smart water solutions.
SAP's third-quarter performance is likely to have benefited from continued momentum in cloud business. However, prevailing global macroeconomic challenges may have acted as a dampener.
Badger Meter (BMI) possesses solid growth attributes, which could help it handily outperform the market.

Why Badger Meter Stock Slumped 5 Percent Today

11:00am, Friday, 29'th Sep 2023
Badger Meter announced its earnings date yesterday. This morning, investment bank Northcoast responded by downgrading the stock.
WIX performance benefits from continued momentum in annualized recurring revenues from Creative subscriptions.
MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced that it will issue its third quarter 2023 earnings release before the market opens on Thursday October 19, 2023. Following th
SAP announces its latest generative AI software, Joule, will help customers to make faster and more informed decisions.
Badger Meter (BMI) benefits from the increasing demand for smart water solutions and an improving operating environment.
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