Mueller Industries Inc reports results for the quarter ended in December - Earnings Summary

Mueller Industries

07/02/2023 13:05

* Mueller Industries Inc  MLI.N  reported quarterly adjusted
earnings of $2.46​​ per share for the quarter ended in December.
The lone analyst forecast for the quarter was for earnings of
$2.18 per share.
    * Revenue fell 8.2% to $877.58 million from a year ago;
analysts
expected $913.00 million. 
    * Mueller Industries Inc's reported EPS for the quarter was
$2.46​.
    * The mean earnings estimate of analysts had risen by
about 13.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Mueller Industries Inc shares had risen by 17.3% this
quarter.
    * The company reported quarterly net income of $138.91
million.
    * Wall Street's median 12-month price target for Mueller
Industries Inc is $100.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
7 at 01:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.18           2.46           Beat
 Sep. 30 2022      2.35           2.74           Beat