RTTNews | Jan 28, 2022 08:36AM EST

08:36 Friday, January 28, 2022 (RTTNews.com) - Badger Meter Inc. (BMI) revealed a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $17.28 million, or $0.59 per share. This compares with $13.09 million, or $0.45 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.8% to $135.75 million from $112.33 million last year.

Badger Meter Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $17.28 Mln. vs. $13.09 Mln. last year.-EPS (Q4): $0.59 vs. $0.45 last year.-Analyst Estimate: $0.47-Revenue (Q4): $135.75 Mln vs. $112.33 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3258372/badger-meter-inc-announces-increase-in-q4-bottom-line-beats-estimates.aspx)

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