Water control and measure company Badger Meter (NYSE:BMI) will be reporting results tomorrow before market hours. Here’s what to look for.

Badger Meter met analysts’ revenue expectations last quarter, reporting revenues of $208.4 million, up 11.9% year on year. It was a strong quarter for the company, with a solid beat of analysts’ adjusted operating income estimates.

Is Badger Meter a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Badger Meter’s revenue to grow 10% year on year to $200.6 million, slowing from the 23.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.10 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Badger Meter has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Badger Meter’s peers in the electrical equipment segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Teledyne delivered year-on-year revenue growth of 5.4%, beating analysts’ expectations by 3.6%, and LSI reported revenues up 35.5%, topping estimates by 14.3%. Teledyne traded up 7.2% following the results while LSI was also up 11.7%.

Read our full analysis of Teledyne’s results here and LSI’s results here.

There has been positive sentiment among investors in the electrical equipment segment, with share prices up 3.9% on average over the last month. Badger Meter’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $220.52 (compared to the current share price of $210.39).

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