Badger Meter Surges: Q3 Earnings Beat

Badger Meter stock surges nearly 6% after crushing Q3 earnings expectations, fueled by booming demand for smart water tech. Revenue jumped 13% to $236 million, with earnings per share exceeding predictions at $1.19, plus record free cash flow. Despite the jump and a recent analyst upgrade, the stock remains down 12% YTD and faces valuation concerns, making sustained growth crucial in the coming months.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.