Mueller Water Products Inc expected to post earnings of 8 cents a share - Earnings Preview

Mueller Water Products

06/02/2024 21:02

* Mueller Water Products Inc  MWA.N   MWA  is expected
to show a
fall in quarterly revenue when it reports  results on February 8
for the period ending December 31 2023
    * The Portsmouth New Hampshire-based  company is expected to
report a 20.4% decrease in revenue to $250.636 million from
$314.8 million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on December
14 2023, for the period ended December 31, was for revenue
between $245.00 million and $255.00 million.
    * ​LSEG's mean analyst estimate for Mueller Water Products
Inc is
for earnings of 8 cents per share. 
    * The current average analyst rating on the shares is "hold"
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 $15.00​, above​ its last closing price
of $13.59. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.17        0.14       0.19      Beat    37
 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.        0.14        0.14       0.10      Missed  -29.2
 30 2022                                                
 Jun. 30 2022  0.19        0.20       0.19      Missed  -3.4​
 Mar. 31 2022  0.14        0.14       0.15      Beat    6.9
 Dec. 31 2021  0.08        0.08       0.13      Beat    57.6
 This summary was machine generated February 6 at 21:02 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)