Benzinga | Jan 27, 2022 10:06AM EST

Badger Meter Earnings Preview

Badger Meter (NYSE:BMI) is set to give its latest quarterly earnings report on Friday, 2022-01-28. Here's what investors need to know before the announcement.

Analysts estimate that Badger Meter will likely report an Earnings Per Share (EPS) of $0.47.

Badger Meter bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.04, which was followed by a 0.0% drop in the share price the next day.

Here's a look at Badger Meter's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.50 0.46 0.42 0.43EPS Actual 0.54 0.48 0.47 0.45Price Change % 0.74% -1.93% 4.66% -5.11%

Stock Performance

Shares of Badger Meter were trading at $87.74 as of January 25. Over the last 52-week period, shares are down 3.89%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here