Badger Meter posts Q3 earnings beat, raises dividend and repurchases $55 million of stock
+1 new source since this summary was written
Badger Meter reported third‑quarter 2026 GAAP earnings of $1.24 per share, beating the $1.21 consensus. Revenue was $235.9 million, flat year‑over‑year and 2.1% below the $241.1 million estimate. The company lifted its annual dividend 10% to $1.76 and repurchased about $55 million of shares. Management said the PRASA project in Puerto Rico is moving toward installations in Q4 and expects revenue momentum to continue into 2027.
Why it matters
The earnings beat and dividend increase may support the stock’s recent 7% rally, while the share repurchase signals confidence in cash generation. Investors will watch the PRASA project timing and the modest revenue outlook for Q4 and 2027 for future earnings guidance.
Key facts
- 1GAAP earnings per share were $1.24, a 2.5% beat versus the $1.21 consensus. financialcontent.com
- 2Revenue was $235.9 million, flat YoY and 2.1% below the $241.1 million consensus. financialcontent.com
- 3Operating margin held at 20.2%, matching the prior‑year quarter. financialcontent.com
- 4The annual dividend was raised 10% to $1.76 per share, the 34th consecutive increase. financialcontent.com
- 5Badger Meter repurchased approximately $55 million of stock during the quarter. financialcontent.com
- 6Free cash flow margin was 17.1%, down from 20.5% a year earlier. financialcontent.com
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.