Mueller Industries Inc expected to post earnings of $1.02 a share - Earnings Preview

Mueller Industries

13/10/2023 14:00

* Mueller Industries Inc  MLI.N   MLI  is expected to show a
fall
in quarterly revenue when it reports  results on October 16
(estimated). 
    * The Collierville Tennessee-based  company is expected to
report 
a 30.0% decrease in revenue to $661.381 million from $944.83
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mueller Industries
Inc is
for earnings of $1.02 per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Mueller
Industries Inc is $100​, above​ its last closing price
of $72.95. ​​​

This summary was machine generated October 13 at 13:00 GMT.  All
figures in US dollars  unless otherwise stated