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MLI Mueller Industries News Story

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Mueller Industries Inc reports results for the quarter ended June 30 - Earnings Summary

Mueller Industries Inc MLI.N reported quarterly adjusted earnings of $1.96​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.41.  The mean expectation of two analysts for the quarter was for earnings of $1.62 per share. Wall Street expected results to range from $1.61  to $1.62 per share.

Revenue rose 14.1% to $1.14 billion from a year ago; analysts expected $1.12 billion.

Mueller Industries Inc's reported EPS for the quarter was $2.22​.

The company reported quarterly net income of $245.92 million.

Mueller Industries Inc shares had risen by 5.0% this quarter and gained 5.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.6% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is  "buy."

Wall Street's median 12-month price target for Mueller Industries Inc is $101.50, about 17.8% above its last closing price of $83.42

This summary was machine generated from LSEG data July 22 at 11:53 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.621.96Beat
Mar. 31 20251.311.26Missed
Dec. 31 20241.121.21Beat
Sep. 30 20241.321.48Beat

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