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Badger Meter Q3 Results Top Estimates
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(RTTNews) - Water technology firm Badger Meter, Inc. (BMI) reported Thursday that net earnings for the third quarter increased to $25.97 million or $0.88 per share from $17.93 million or $0.61 per share in the prior-year quarter.
On average, five analysts polled by Thomson Reuters expected the company to report earnings of $0.81 per share for the quarter. Analysts' estimates typically exclude special items.
Total net sales for the quarter increased 25 percent to a record $186.19 million from $148.01 million in the same quarter last year. Analysts expected revenue of $179.06 million for the quarter.
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Badger Meter Q3 Results Top Estimates
Water technology firm Badger Meter, Inc. (BMI) reported Friday that net earnings for the third quarter increased to $17.93 million or $0.61 per share from $15.86 million or $0.54 per share in the prior-year quarter.
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Sensex, Nifty Set To Open Higher On Trade Deal Hopes
Indian shares look set to open sharply higher on Thursday after Muhurat Trading reflected a tone of cautious optimism.
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Japanese Market Sharply Lower
The Japanese market is sharply lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 48,700 level, with weakness across most sectors led by index heavyweights and technology stocks.
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Indonesia Stock Market May Extend Wednesday's Losses
The Indonesia stock market on Wednesday snapped the two-day winning streak in which it had jumped more than 310 points or 3.9 percent along the way. The Jakarta Composite Index now rests just above the 8,150-point plateau and it's likely to open in the red again on Thursday.
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Lower Open Predicted For Hong Kong Stock Market
The Hong Kong stock market on Wednesday ended the two-day winning streak in which it had picked up more than 775 points or 2.8 percent. The Hang Seng Index now rests just above the 25,780-point plateau and it's looking at another soft start again on Thursday.
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Australian Market Modestly Lower
The Australian market is trading modestly lower on Thursday, adding to the losses in the previous two sessions following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 9,000 mark, with weakness in iron ore miners, financial and technology stocks partially offset by gains in gold miners and energy stocks.
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China Bourse May Extend Wednesday's Losses
The China stock market on Wednesday ended the two-day winning streak in which it had advanced more than 75 points or 1.9 percent. The Shanghai Composite Index now sits beneath the 3,915-point plateau and the losses may accelerate on Thursday.
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More Pain Predicted For Taiwan Stock Market
The Taiwan stock market on Wednesday wrote a finish to the two-day winning streak in which it had collected more than 450 points or 1.7 percent. The Taiwan Stock Exchange now sits just beneath the 27,650-point plateau and it's expected to open under pressure again on Thursday.
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