BUZZ-Badger Meter sees sharpest decline in 4-1/2 yrs as Q3 results disappoint

Reuters10-18

** Badger Meter's shares down 9.4% to $199.14, over one-month low, after co's qtrly results miss consensus

** BMI tracking biggest daily pct decline since Apr 2020 ** Wisconsin-based firm, which makes products to measure and control the flow of water, and other liquids and gases, early Thurs Q3 rev rose 12% y/y to $208.4 mln and adj EPS increased to $1.08 from 88 cents a yr ago

** Wall Street analysts expected rev of $212.2 mln and adj EPS of $1.11, per LSEG data

** Looking ahead, co said in statement

(Lance Tupper is a Reuters market analyst. The views expressed are his own) ((lance.tupper@thomsonreuters.com lance.tupper@tr.com 1-646-279-6380 ))

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