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Home/News Feed/Badger Meter faces securities fraud probe after Q1 earnings miss and 24% stock drop
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Badger Meter faces securities fraud probe after Q1 earnings miss and 24% stock drop

Market News
21 Apr 2026
GlobeNewsWire
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Bearish
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Pomerantz LLP is investigating Badger Meter following its Q1 2026 earnings report, which showed earnings per share of $0.93 and revenue of $202.03 million, both missing analyst estimates. The company cited a 10% decline in utility water sales due to project timing and weaker municipal orders. After the earnings miss, Badger's stock fell 24.13% to $115.54. The investigation focuses on whether Badger Meter and its executives engaged in securities fraud or other unlawful practices, potentially leading to a class action lawsuit by investors.

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

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 rep...

Market News
Bearish
1 day ago
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