Earnings per Share (EPS) is expected to be $1.01, marking a 20.2% increase year-over-year.
Revenue projections stand at approximately $202.7 million, indicating a 9% growth from the previous year.
BMI’s financial metrics show a price-to-earnings (P/E) ratio of 51.48, highlighting investor confidence.
Badger Meter, Inc. (NYSE:BMI) is renowned for its cutting-edge smart water solutions, focusing on flow measurement and control products for water utilities and industrial markets. It competes with companies like Itron and Xylem in the water management technology sector.
On January 31, 2025, BMI is poised to announce its quarterly earnings, with Wall Street forecasting an EPS of $1.01, in line with the Zacks Consensus Estimate. This represents a significant 20.2% increase year-over-year. Analysts have shown optimism by adjusting their earnings estimates upwards by 1 cent over the past 60 days.
Revenue expectations for BMI are set at around $202.7 million, slightly surpassing the Zacks Consensus Estimate of $198.9 million. This would denote a 9% growth compared to the prior year. Notably, BMI has exceeded earnings expectations in the last four quarters, with an average surprise of 10.4%, as per Zacks.
The anticipated performance boost is attributed to robust demand for BMI’s smart water solutions, including its mechanical and E-Series Ultrasonic meters, ORION Cellular endpoints, and BEACON Software-as-a-Service offerings. However, the holiday season’s reduced operating days could present a hurdle.
Examining BMI’s financial health, the company’s P/E ratio stands at 51.48, indicating a strong investor willingness to invest in its earnings. The price-to-sales ratio is 7.63, with an enterprise value to sales ratio of 7.31. A notably low debt-to-equity ratio of 0.0012 suggests the company has minimal debt relative to its equity.
