Badger Meter, Inc. BMI reported earnings of 57 cents per share for second-quarter 2022, beating the Zacks Consensus Estimate of 53 cents. Badger Meter, Inc. (BMI): Free Stock Analysis Report The 12.2% rise was primarily due to record order rates, driven by robust customer demand, effective supply chain management and continued price realization, partly offset by inflationary cost pressure and supply-chain challenges.