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

Mueller Water Products

08/05/2023 23:50

* Mueller Water Products Inc  MWA.N  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of 15 cents per share.
    * Revenue rose 7.2% to $332.90 million from a year ago;
analysts
expected $332.45 million. 
    * Mueller Water Products Inc's reported EPS for the quarter
was 14
cents​.
    * The mean earnings estimate of analysts had risen by
about 9.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Mueller Water Products Inc shares had risen by 7.2% this
quarter and gained 38.8% so far this year.
    * The company reported quarterly net income of $21.3
million.
    * Wall Street's median 12-month price target for Mueller
Water
Products Inc is $14.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
8 at 10:50 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.20           0.19           Missed