Mueller Water Products Inc expected to post earnings of 14 cents a share - Earnings Preview

Mueller Water Products

24/11/2023 21:06

* Mueller Water Products Inc  MWA.N   MWA  is expected
to show a
fall in quarterly revenue when it reports  results on November
28 (estimated) for the period ending June 30 2023
    * The Portsmouth New Hampshire-based  company is expected to
report a 14.1% decrease in revenue to $284.732 million from
$331.4 million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Mueller Water Products
Inc is
for earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Mueller
Water
Products Inc is $14.50​, above​ its last closing price
of $13.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2023  0.20        0.20       0.18      Missed  -9.4
 Mar. 31 2023  0.16        0.15       0.14      Missed  -9.5
 Dec. 31 2022  0.07        0.08       0.13      Beat    70.8​
 Sep. 30 2022  0.14        0.14       0.10      Missed  -29.2
 ​​Jun.        0.19        0.20       0.19      Missed  -3.4
 30 2022                                                
 Mar. 31 2022  0.14        0.14       0.15      Beat    6.9​
 Dec. 31 2021  0.08        0.08       0.13      Beat    57.6
 Sep. 30 2021  0.18        0.19       0.12      Missed  -36
 This summary was machine generated November 24 at 21:06 GMT. 
All figures in US dollars unless otherwise stated