Equity Profile

BMI

Badger Meter, Inc.

Information TechnologyElectronic Equipment & Instruments$4.1B

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 in the field of water flow measurement and management....

Key Metrics to Watch

Revenue Growth

Revenue growth is crucial for assessing the company's ability to expand its market presence and meet demand.

N/A

Earnings Per Share (EPS)

EPS is a key indicator of profitability and is closely watched by investors to gauge financial health.

N/A

1 more metrics, 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 in the field of water flow measurement and management. As a player in the information technology sector, it is positioned to benefit from trends in smart water management and sustainability initiatives.

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 market reacted negatively, with the stock dropping over 24% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations are cautious following a disappointing Q1. Investors will be looking for signs of recovery in both revenue and earnings.

Bull Case

If Badger Meter can demonstrate strong revenue growth and improved margins, it could signal a turnaround, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to meet earnings expectations again, it could lead to further declines in stock price, as investor confidence may be shaken.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected EPS for Q2 2026?

Given the significant miss last quarter, investors will closely watch EPS to assess whether the company is on a recovery path.

What are the revenue projections for the upcoming quarter?

Revenue growth is essential for restoring investor confidence, especially after a disappointing previous quarter.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be overly pessimistic about Badger Meter's ability to recover, as the recent EPS miss might not fully reflect the company's potential for growth in the smart water management sector.

Supporting Evidence

The options market is pricing a 5.5% move, which is below the historical average of 9.65%.

Insider buying activity suggests confidence in the company's future performance.

The company's focus on sustainability and smart technology could drive future demand, which may not be fully accounted for in current estimates.

Key Risk

If the company reports an EPS above $1.10, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it follows a significant earnings miss, and investors are keen to see if the company can rebound.

Bull Confirmed If

Earnings per share of $1.10 or better would confirm a recovery in profitability.

Bear Confirmed If

An EPS below $0.90 would signal ongoing challenges and could lead to further stock declines.

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%, 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 the stock could rise by around 9.6%, confirming a positive turnaround.

In-Line / Cautious

If results are in line but cautious, the stock may experience a muted reaction, reflecting ongoing investor uncertainty.

Miss

A miss could lead to a decline of approximately 17.6%, as seen in past reactions to earnings disappointments.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches or technological advancements.
2Insights into customer demand trends in the municipal utility sector.
3Comments on cost management strategies and their impact on margins.
4Guidance on future revenue expectations and market conditions.
5Details on any significant contracts or partnerships that could influence growth.

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Company Snapshot

Badger Meter, Inc. is a technology company that specializes in electronic equipment and instruments, particularly in the field of water flow measurement and management....

Key Metrics to Watch

Revenue Growth

Revenue growth is crucial for assessing the company's ability to expand its market presence and meet demand.

N/A

Earnings Per Share (EPS)

EPS is a key indicator of profitability and is closely watched by investors to gauge financial health.

N/A

1 more metrics, 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

Overall, expectations are cautious following a disappointing Q1. Investors will be looking for signs of recovery in both revenue and earnings.

Bull Case

If Badger Meter can demonstrate strong revenue growth and improved margins, it could signal a turnaround, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to meet earnings expectations again, it could lead to further declines in stock price, as investor confidence may be shaken.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected EPS for Q2 2026?

Given the significant miss last quarter, investors will closely watch EPS to assess whether the company is on a recovery path.

What are the revenue projections for the upcoming quarter?

Revenue growth is essential for restoring investor confidence, especially after a disappointing previous quarter.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be overly pessimistic about Badger Meter's ability to recover, as the recent EPS miss might not fully reflect the company's potential for growth in the smart water management sector.

Supporting Evidence

The options market is pricing a 5.5% move, which is below the historical average of 9.65%.

Insider buying activity suggests confidence in the company's future performance.

The company's focus on sustainability and smart technology could drive future demand, which may not be fully accounted for in current estimates.

Key Risk

If the company reports an EPS above $1.10, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it follows a significant earnings miss, and investors are keen to see if the company can rebound.

Bull Confirmed If

Earnings per share of $1.10 or better would confirm a recovery in profitability.

Bear Confirmed If

An EPS below $0.90 would signal ongoing challenges and could lead to further stock declines.

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%, 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 the stock could rise by around 9.6%, confirming a positive turnaround.

In-Line / Cautious

If results are in line but cautious, the stock may experience a muted reaction, reflecting ongoing investor uncertainty.

Miss

A miss could lead to a decline of approximately 17.6%, as seen in past reactions to earnings disappointments.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches or technological advancements.
2Insights into customer demand trends in the municipal utility sector.
3Comments on cost management strategies and their impact on margins.
4Guidance on future revenue expectations and market conditions.
5Details on any significant contracts or partnerships that could influence growth.