Mueller Industries Inc expected to post earnings of $2.40 a share - Earnings Preview

Mueller Industries

14/07/2023 13:41

* Mueller Industries Inc  MLI.N   MLI  is expected to show a
fall
in quarterly revenue when it reports  results on July 17
(estimated). 
    * The Collierville Tennessee-based  company is expected to
report 
a 10.0% decrease in revenue to $1.035 billion from $1.15 billion
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 $2.40 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 $87.96. ​​​

This summary was machine generated July 14 at 12:41 GMT.  All
figures in US dollars  unless otherwise stated