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MWA — Mueller Water Products News Story

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Brief: Mueller Water Products Q3 Adjusted EPS USD 0.34 Vs. IBES Estimate USD 0.34

Overview

Mueller fiscal Q3 net sales rise 6.6%, beating analyst expectations, per LSEG data

Adjusted EPS meets analyst estimates, adjusted EBITDA beats expectations

Co raises annual guidance for fiscal 2025 net sales and adjusted EBITDA

Outlook

Mueller raises fiscal 2025 net sales guidance to $1,405 mln-$1,415 mln

Company expects fiscal 2025 adjusted EBITDA of $318 mln-$322 mln

Mueller maintains fiscal 2025 free cash flow to exceed 80% of adjusted net income

Result Drivers

VOLUME INCREASE - Co attributes net sales growth to increased volumes across most product lines

HIGHER PRICING - Higher pricing contributed to the increase in net sales

MANUFACTURING EFFICIENCIES - Improved manufacturing efficiencies helped boost gross margins despite higher tariffs

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 SalesBeat$380.30 mln$367.50 mln (6 Analysts)
Q3 Adjusted EPSMeet$0.34$0.34 (6 Analysts)
Q3 Net Income$52.50 mln
Q3 Adjusted EBITDABeat$86.40 mln$86.10 mln (5 Analysts)
Q3 Adjusted Operating IncomeBeat$74.70 mln$71.30 mln (5 Analysts)
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "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 Water Products Inc is $29.00, about 16.4% above its August 1 closing price of $24.24 The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 20 three months ago Press Release: ID:nGNX7gjMDm (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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