(RTTNews) - Badger Meter Inc. (BMI) announced a profit for its third quarter that climbed from the same period last year.
The company's bottom line totaled $14.86 million, or $0.51 per share. This compares with $12.72 million, or $0.44 per share, in last year's third quarter.
Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.5% to $113.59 million from $108.65 million last year.
Badger Meter Inc. earnings at a glance:
-Earnings (Q3): $14.86 Mln. vs. $12.72 Mln. last year. -EPS (Q3): $0.51 vs. $0.44 last year. -Analysts Estimate: $0.38 -Revenue (Q3): $113.59 Mln vs. $108.65 Mln last year.
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