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

Mueller Water Products

04/08/2023 24:16

* Mueller Water Products Inc  MWA.N  reported quarterly
adjusted
earnings of 18 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue fell 2% to $326.60 million from a year ago;
analysts
expected $351.73 million. 
    * Mueller Water Products Inc's reported EPS for the quarter
was 16
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Mueller Water Products Inc shares had fallen by 2.0% this
quarter and gained 47.8% so far this year.
    * The company reported quarterly net income of $24.5
million.
    * Wall Street's median 12-month price target for Mueller
Water
Products Inc is $15.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 11:16 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.20           0.18           Missed
 Mar. 31 2023      0.15           0.14           Missed
 Dec. 31 2022      0.08           0.13           Beat
 Sep. 30 2022      0.14           0.10           Missed