(BMI) Badger Meter Incorporated – Bear of the Day
Posted on April 29, 2011 at 09:53 AM EDT
Badger Meter Inc. (BMI) delivered disappointing first quarter results, as EPS declined 39% year over year to $0.22 and fell short of the Zacks Consensus Estimate at $0.43. Net sales dropped 7.2% year over year to $57.4 million, compared to the Zacks Consensus Estimate of $69 million. The increased sales of manual meters were not [...] (BMI) Badger Meter Incorporated – Bear of the Day