Mueller Water Q1 sales and EPS beat estimates

Mueller Water Products

04/02/2026 21:22

Overview

Water infrastructure firm's fiscal Q1 net sales rose, beating analyst expectations

Adjusted EPS for fiscal Q1 beat analyst expectations

Company repurchased $5.5 mln of common stock during the quarter

Outlook

Mueller Water Products raises fiscal 2026 net sales guidance to $1,470 mln-$1,490 mln

Company expects fiscal 2026 adjusted EBITDA to be $355 mln-$360 mln

Mueller Water Products maintains fiscal 2026 free cash flow expectation to exceed 85% of adjusted net income

Result Drivers

HIGHER PRICING - Co attributed net sales increase to higher pricing across most product lines, despite slightly lower volumes

MANUFACTURING EFFICIENCIES - Gross profit increase driven by manufacturing efficiencies and absence of prior-year write-downs

SEGMENT SALES GROWTH - Water Management Solutions segment sales rose 12% due to higher pricing and increased hydrant volumes

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$318.20 mln
$314.70 mln (6 Analysts)
Q1 Adjusted EPS
Beat
$0.29
$0.26 (6 Analysts)
Q1 Net Income
$43.20 mln
Q1 Adjusted EBITDA
Beat
$72.10 mln
$68.80 mln (6 Analysts)
Q1 Adjusted Operating Income
Beat
$60 mln
$56.32 mln (5 Analysts)

Analyst Coverage

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 average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Mueller Water Products Inc is $27.50, about 0.2% below its February 3 closing price of $27.56

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNX9DWCbl

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)