Class action lawsuit filed against Badger Meter over missed earnings and stock drop

Pomerantz LLP has filed a class action lawsuit against Badger Meter, Inc. following the company's Q1 2026 earnings report that missed expectations, with EPS of $0.93 and revenue of $202.03 million, both below consensus estimates. The company also reported a 10% decline in utility water sales, leading to a 24.13% drop in its stock price on April 17, 2026. Investors who suffered losses during this period are encouraged to join the lawsuit by August 3, 2026. This legal action alleges securities fraud or other unlawful business practices by Badger Meter and its officers or directors.