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Class action lawsuit filed against Badger Meter over Q1 earnings miss and stock drop

Market News
25 Jun 2026
PRNewsWire
View Source
Bearish
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Badger Meter faces a class action lawsuit alleging securities fraud after missing Q1 2026 earnings and revenue estimates, causing its stock to drop 24%. The company reported earnings per share of $0.93, missing estimates by $0.26, and revenue of $202.03 million, falling short by $28.58 million. The decline was attributed to a 10% drop in utility water sales due to project timing and weaker municipal orders. Investors who bought Badger Meter securities during the class period have until August 3, 2026, to join the lawsuit or seek lead plaintiff status.

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