Mueller Water Products Inc expected to post earnings of 22 cents a share - Earnings Preview

Mueller Water Products

04/11/2024 22:21

* Mueller Water Products Inc  MWA.N   MWA  is expected
to show a
rise in quarterly revenue when it reports  results on November 6
for the period ending September 30 2024
    * The Atlanta Georgia-based  company is expected to report a
7.8% increase in revenue to $324.797 million from $301.4 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Mueller Water Products
Inc is
for earnings of 22 cents per share. 
    * 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 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 $23.50​, above​ its last closing price
of $22.05. ​​​

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 2024  0.22        0.22       0.32      Beat    44.4
 Mar. 31 2024  0.15        0.15       0.30      Beat    106.9
 Dec. 31 2023  0.08        0.08       0.13      Beat    66​
 Sep. 30 2023  0.17        0.14       0.19      Beat    37
 ​​Jun.        0.20        0.20       0.18      Missed  -8.9
 30 2023                                                
 Mar. 31 2023  0.16        0.15       0.14      Missed  -9.5​
 Dec. 31 2022  0.07                   0.13              70.8
 Sep. 30 2022  0.14        0.14       0.10      Missed  -29.2
 This summary was machine generated November 4 at 22:21 GMT.  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)