By Rob Curran
Shares of Badger Meter fell premarket after the maker of water-measurement and control products posted fourth-quarter earnings and sales short of Wall Street expectations.
The Milwaukee maker of meters and other water-related products logged earnings of $33.6 million, or $1.14 a share, up from $30.7 million, or $1.04 a share, a year earlier.
Analysts polled by FactSet had pegged earnings at $1.16 a share.
Sales rose 8% to $220.7 million, short of the average Wall Street target of $231.3 million.
"We enter 2026 with the same conviction in our ability to deliver, over a forward five-year time horizon, high single-digit sales growth, year-over-year operating profit margin expansion, and free cash flow conversion in excess of 100% of earnings," said Chairman, President and Chief Executive Kenneth Bockhorst, in a statement.
Shares fell 9.1% to $149.49 in premarket trading.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
January 28, 2026 09:08 ET (14:08 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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