Equity Profile

BMI

Badger Meter, Inc.

Information TechnologyElectronic Equipment & Instruments$3.8B

Jul22Wed

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Badger Meter, Inc. is a technology company that specializes in electronic equipment and instruments, particularly for water and energy management....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors will closely watch this quarter.

Not available

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and meet customer demand, critical for future growth.

Not available

Wall Street expectations, options signals, track record, and call prep available with Pro.

BMI Q2-2026 Earnings Preview

Context

Company Snapshot

Badger Meter, Inc. is a technology company that specializes in electronic equipment and instruments, particularly for water and energy management. With a market cap of $4 billion, it plays a crucial role in helping utilities and industries optimize their resource usage, which is increasingly important in today's sustainability-focused environment.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+3.51%

Avg Stock Reaction

-6.61%

Last Quarter Recap

In Q1-2026, Badger Meter reported an EPS of $0.93, which was significantly below the expected $1.20, leading to a sharp decline in stock price the following day. The company's performance has been inconsistent, with a notable drop in stock value after disappointing earnings.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautious ahead of the upcoming earnings report, especially after the significant EPS miss last quarter. The lack of analyst estimates adds to the uncertainty surrounding the company's performance.

Bull Case

If Badger Meter can demonstrate strong revenue growth and improved margins, it could restore investor confidence and lead to a positive stock reaction.

Bear Case

Conversely, if the company continues to miss earnings expectations, it could face further stock price declines, reflecting ongoing operational challenges.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Badger Meter report an EPS that meets or exceeds $1.20?

Given the significant miss last quarter, any improvement in EPS will be critical for restoring investor confidence.

What are the revenue growth figures for this quarter?

Revenue growth is essential for assessing the company's ability to expand and compete effectively in the market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be overly pessimistic about Badger Meter's growth potential, especially considering the company's strong historical performance in prior quarters despite recent setbacks.

Supporting Evidence

The options market is pricing a 5.5% move, which is below the historical average of 9.65%, suggesting the market may be underestimating volatility.

Badger Meter has a history of beating EPS expectations 75% of the time, indicating potential for a positive surprise.

Key Risk

If the company can demonstrate a turnaround in revenue growth, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is currently weighing the potential for recovery against the backdrop of recent disappointing earnings.

Bull Confirmed If

An EPS of $1.20 or higher, along with positive revenue growth, would confirm the bull case.

Bear Confirmed If

An EPS below $0.93 would reinforce the bear case and signal ongoing operational issues.

Pre-Earnings Positioning

Options Market

Implied Move

±5.5%

Historical Avg

±9.7%

Pricing cheap

The options market is pricing in a potential move of about 5.5% in either direction, indicating uncertainty about the upcoming earnings report.

Options are pricing ±5.5% while BMI has averaged ±9.7% over the last 8 prints — setup is pricing cheap.

Detail

ATM IV

0.5%

30d HV

88.5%

Calls (2K)P/C Ratio: 0.33Puts (2K)

Edge

Historical Setup Match

Cross-company pattern from 28 similar setups.

Prior-quarter miss + options pricing cheap setup in Information Technology

n=28

Fade rate: 9 of 28 (32%)

This setup has occurred 28 times across Information Technology in the last 2 years. 19 of 28 (68%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 7.7%, with a raw directional average of +4.5% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Badger Meter beats expectations, history suggests a potential average move of +2.95%, confirming a positive outlook for the company.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further clarity from management.

Miss

A miss could lead to a significant drop, with history suggesting an average decline of -17.57% following such outcomes.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches or technological advancements.
2Insights into operational efficiencies and cost management strategies.
3Details on customer demand trends and market expansion efforts.
4Management's outlook on future earnings and revenue guidance.
5Responses to analyst questions regarding competitive pressures.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Domino's Pizza, Inc.

Company Snapshot

Badger Meter, Inc. is a technology company that specializes in electronic equipment and instruments, particularly for water and energy management....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors will closely watch this quarter.

Not available

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and meet customer demand, critical for future growth.

Not available

Wall Street expectations, options signals, track record, and call prep available with Pro.

BMI Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+3.51%

Avg Stock Reaction

-6.61%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If Badger Meter can demonstrate strong revenue growth and improved margins, it could restore investor confidence and lead to a positive stock reaction.

Bear Case

Conversely, if the company continues to miss earnings expectations, it could face further stock price declines, reflecting ongoing operational challenges.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Badger Meter report an EPS that meets or exceeds $1.20?

Given the significant miss last quarter, any improvement in EPS will be critical for restoring investor confidence.

What are the revenue growth figures for this quarter?

Revenue growth is essential for assessing the company's ability to expand and compete effectively in the market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be overly pessimistic about Badger Meter's growth potential, especially considering the company's strong historical performance in prior quarters despite recent setbacks.

Supporting Evidence

The options market is pricing a 5.5% move, which is below the historical average of 9.65%, suggesting the market may be underestimating volatility.

Badger Meter has a history of beating EPS expectations 75% of the time, indicating potential for a positive surprise.

Key Risk

If the company can demonstrate a turnaround in revenue growth, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is currently weighing the potential for recovery against the backdrop of recent disappointing earnings.

Bull Confirmed If

An EPS of $1.20 or higher, along with positive revenue growth, would confirm the bull case.

Bear Confirmed If

An EPS below $0.93 would reinforce the bear case and signal ongoing operational issues.

Pre-Earnings Positioning

Options Market

Implied Move

±5.5%

Historical Avg

±9.7%

Pricing cheap

The options market is pricing in a potential move of about 5.5% in either direction, indicating uncertainty about the upcoming earnings report.

Options are pricing ±5.5% while BMI has averaged ±9.7% over the last 8 prints — setup is pricing cheap.

Detail

ATM IV

0.5%

30d HV

88.5%

Calls (2K)P/C Ratio: 0.33Puts (2K)

Edge

Historical Setup Match

Cross-company pattern from 28 similar setups.

Prior-quarter miss + options pricing cheap setup in Information Technology

n=28

Fade rate: 9 of 28 (32%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Badger Meter beats expectations, history suggests a potential average move of +2.95%, confirming a positive outlook for the company.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further clarity from management.

Miss

A miss could lead to a significant drop, with history suggesting an average decline of -17.57% following such outcomes.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches or technological advancements.
2Insights into operational efficiencies and cost management strategies.
3Details on customer demand trends and market expansion efforts.
4Management's outlook on future earnings and revenue guidance.
5Responses to analyst questions regarding competitive pressures.