Mueller Water Products Inc reports results for the quarter ended in December - Earnings Summary

Mueller Water Products

02/02/2023 23:33

* Mueller Water Products Inc  MWA.N  reported quarterly
adjusted
earnings of 13 cents​​ per share for the quarter ended in
December. The mean expectation of nine analysts for the quarter
was for earnings of 8 cents per share.
    * Revenue rose 15.6% to $314.80 million from a year ago;
analysts
expected $288.91 million. 
    * Mueller Water Products Inc's reported EPS for the quarter
was 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 35.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Mueller Water Products Inc shares had risen by 21.0% this
quarter.
    * The company reported quarterly net income of $22.5
million.
    * Wall Street's median 12-month price target for Mueller
Water
Products Inc is $12.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
2 at 11:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.08           0.13           Beat
 Sep. 30 2022      0.14           0.10           Missed
 Jun. 30 2022      0.20           0.19           Missed
 Mar. 31 2022      0.14           0.15           Beat