Mueller Water Products(MWA)

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Mueller Water Products (MWA) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-05-06 00:05
Core Insights - Mueller Water Products (MWA) reported revenue of $364.3 million for the quarter ended March 2025, marking a year-over-year increase of 3.1% and a surprise of +4.67% over the Zacks Consensus Estimate of $348.05 million [1] - The earnings per share (EPS) for the same period was $0.34, compared to $0.30 a year ago, resulting in an EPS surprise of +6.25% against the consensus estimate of $0.32 [1] Financial Performance Metrics - Net Sales for Water Management Solutions were $148.10 million, slightly below the two-analyst average estimate of $153.50 million, reflecting a year-over-year change of +0.3% [4] - Net Sales for Water Flow Solutions reached $216.20 million, exceeding the two-analyst average estimate of $194.50 million, with a year-over-year change of +5.1% [4] - Adjusted operating income for Corporate was reported at -$15.50 million, worse than the -$14.50 million estimated by analysts [4] - Adjusted operating income for Water Management Solutions was $31.30 million, slightly above the $31 million estimated by analysts [4] - Adjusted operating income for Water Flow Solutions was $54.10 million, surpassing the $52.50 million estimated by analysts [4] Stock Performance - Shares of Mueller Water Products have returned +17% over the past month, significantly outperforming the Zacks S&P 500 composite's +0.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Mueller Water Products (MWA) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2025-05-05 23:15
Company Performance - Mueller Water Products (MWA) reported quarterly earnings of $0.34 per share, exceeding the Zacks Consensus Estimate of $0.32 per share, and up from $0.30 per share a year ago [1][2] - The company achieved revenues of $364.3 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.67% and up from $353.4 million year-over-year [3] - Over the last four quarters, Mueller Water Products has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2][3] Stock Performance - The stock has increased approximately 20.9% since the beginning of the year, while the S&P 500 has declined by 3.3% [4] - The current consensus EPS estimate for the upcoming quarter is $0.36 on revenues of $365.65 million, and for the current fiscal year, it is $1.23 on revenues of $1.38 billion [8] Industry Outlook - Mueller Water Products operates within the Zacks Steel - Pipe and Tube industry, which is currently ranked in the bottom 13% of over 250 Zacks industries [9] - The performance of the stock may be influenced by the overall outlook for the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [9]
Mueller Water Products(MWA) - 2025 Q2 - Quarterly Results
2025-05-05 21:02
Financial Performance - Net sales increased by 3.1 percent to $364.3 million compared to $353.4 million in the prior year quarter[2]. - Reported net income of $51.3 million, a 15.8 percent increase from $44.3 million in the prior year quarter, with a net income margin of 14.1 percent[9]. - Adjusted EBITDA rose by 2.8 percent to $84.5 million, achieving an adjusted EBITDA margin of 23.2 percent[10]. - Adjusted net income increased by 16.0 percent to $53.7 million compared to $46.3 million in the prior year quarter[9]. - Operating income increased by 10.1 percent to $69.9 million, with an operating margin of 19.2 percent[6]. - Net income for the six months ended March 31, 2025, was $86.6 million, a significant increase of 48% from $58.6 million in the same period in 2024[43]. - Net sales for the six months ended March 31, 2025, reached $668.6 million, a 9.6% increase from $609.8 million in the same period of 2024[49][50]. - Gross profit for the six months ended March 31, 2025, was $231.0 million, compared to $216.7 million in the prior year, reflecting a gross profit margin of 34.5%[49][50]. - Operating income for the six months ended March 31, 2025, was $117.3 million, with an operating margin of 17.5%, up from $86.3 million and a margin of 14.2% in the previous year[49][50]. - Net income for the six months ended March 31, 2025, was $86.6 million, resulting in a net income margin of 13.0%[49]. - Adjusted net income for the six months ended March 31, 2025, was $92.9 million, translating to an adjusted net income per diluted share of $0.59[49]. Guidance and Projections - The company raised its fiscal 2025 net sales guidance to between $1,390 million and $1,400 million, reflecting a 5.7 percent to 6.5 percent increase compared to the prior year[23]. Cash Flow and Capital Expenditures - Free cash flow for the six-month period increased by $0.9 million to $47.3 million compared to $46.4 million in the prior year period[21]. - Capital expenditures for the first six months of fiscal 2025 were $21.1 million, up from $15.8 million in the prior year period[20]. - Free cash flow for Q1 2025 was $5.1 million, compared to a negative free cash flow of $15.8 million in Q1 2024[46][48]. - Capital expenditures for Q1 2025 totaled $9.2 million, a decrease from $10.1 million in Q1 2024[45][47]. - Capital expenditures for the six months ended March 31, 2025, totaled $21.1 million, consistent with the previous year's expenditures[49][50]. Debt and Leverage - The company reported a total debt of $450.5 million and cash and cash equivalents of $329.2 million, resulting in a debt leverage ratio of 1.5 times[22]. - Net debt at the end of Q1 2025 was $121.3 million, with total debt of $450.5 million and cash and cash equivalents of $329.2 million[45][46]. - Debt leverage ratio was 1.5x based on trailing twelve months' adjusted EBITDA, while net debt leverage ratio was 0.4x[46]. Tax and Other Charges - The effective income tax rate for the second quarter was 24.2 percent, slightly down from 24.8 percent in the prior year quarter[18]. - The effective tax rate for adjusting items was 23.7% for the six months ended March 31, 2025[49]. - Strategic reorganization and other charges amounted to $4.1 million for the six months ended March 31, 2025, impacting net income[49]. Assets and Liabilities - Cash and cash equivalents at the end of the period were $329.2 million, up from $179.2 million at the end of March 31, 2024[43]. - Total assets increased to $1,670.6 million as of March 31, 2025, compared to $1,635.9 million as of September 30, 2024[39]. - The company reported a decrease in total current liabilities to $235.3 million as of March 31, 2025, from $258.0 million as of September 30, 2024[39]. Quarterly Performance - Net sales for the three months ended March 31, 2025, were $364.3 million, an increase of 3% compared to $353.4 million for the same period in 2024[41]. - Gross profit for Q1 2025 was $128.0 million, with a gross profit margin of 35.1%, compared to $130.4 million and a margin of 36.9% in Q1 2024[45][47]. - Operating income for Q1 2025 was $69.9 million, with an operating margin of 19.2%, compared to an operating income of $63.5 million and a margin of 18.0% in Q1 2024[45][47]. - Net income for Q1 2025 was $51.3 million, resulting in a net income margin of 14.1%, compared to $44.3 million and a margin of 12.5% in Q1 2024[45][47]. - Adjusted EBITDA for Q1 2025 was $84.5 million, with an adjusted EBITDA margin of 23.2%, compared to $82.2 million and a margin of 23.3% in Q1 2024[45][47]. - The company reported a trailing twelve months' adjusted EBITDA of $305.7 million for Q1 2025, compared to $236.8 million for the same period in 2024[45][47].
Mueller Water Products Reports 2025 Second Quarter Results
Globenewswire· 2025-05-05 21:00
Core Insights - Mueller Water Products, Inc. reported a solid performance in the second quarter of fiscal 2025, achieving record levels in consolidated net sales, adjusted EBITDA, and adjusted net income per share, driven by healthy order levels and resilient end-market demand [2][4][6] Financial Performance - Net sales increased by 3.1 percent to $364.3 million compared to $353.4 million in the prior year quarter, primarily due to higher pricing and increased volumes across most product lines [4][6] - Operating income rose by 10.1 percent to $69.9 million, with an operating margin of 19.2 percent, up from 18.0 percent in the prior year quarter [7][10] - Adjusted net income increased by 16.0 percent to $53.7 million, with adjusted net income per diluted share rising by 13.3 percent to $0.34 [10][11] - Adjusted EBITDA increased by 2.8 percent to $84.5 million, with an adjusted EBITDA margin of 23.2 percent [11][12] Segment Results - Water Flow Solutions segment net sales increased by 5.1 percent to $216.2 million, driven by higher volumes of iron gate and specialty valves [12][13] - Water Management Solutions segment net sales increased by 0.3 percent to $148.1 million, primarily due to increased volumes of repair products [15][16] Cash Flow and Balance Sheet - Net cash provided by operating activities for the six-month period increased by $6.2 million to $68.4 million compared to $62.2 million in the prior year period [20][22] - Free cash flow for the six-month period increased by $0.9 million to $47.3 million [22] - As of March 31, 2025, total debt outstanding was $450.5 million, with cash and cash equivalents of $329.2 million, resulting in a debt leverage ratio of 1.5 times [23] Fiscal 2025 Outlook - The company raised its guidance for fiscal 2025 consolidated net sales to between $1,390 million and $1,400 million, reflecting an increase of 5.7 percent to 6.5 percent compared to the prior year [24] - The company reaffirmed its expectations for fiscal 2025 adjusted EBITDA to be between $310 million and $315 million, an increase of 8.9 percent to 10.6 percent compared to the prior year [24][25]
Mueller Water Products (MWA) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-04-28 15:06
Core Viewpoint - Mueller Water Products (MWA) is anticipated to report a year-over-year increase in earnings despite a decline in revenues for the quarter ending March 2025, with the actual results being crucial for its near-term stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on May 5, with a consensus estimate of quarterly earnings at $0.32 per share, reflecting a year-over-year increase of 6.7%. Revenues are projected to be $348.05 million, down 1.5% from the previous year [3][4]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 1.39%, indicating a reassessment by analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a negative Earnings ESP of -2.11% for Mueller Water Products, suggesting that analysts have recently become more bearish on the company's earnings outlook [10][11]. Historical Performance - In the last reported quarter, Mueller Water Products exceeded the expected earnings of $0.19 per share by delivering $0.25, resulting in a surprise of 31.58%. Over the past four quarters, the company has beaten consensus EPS estimates three times [12][13]. Investment Considerations - Despite the potential for an earnings beat, the combination of a negative Earnings ESP and a Zacks Rank of 3 makes it challenging to predict a positive outcome for the upcoming earnings report [11][16].
Mueller Water Products Announces Dates for Second Quarter 2025 Earnings Release and Conference Call
Globenewswire· 2025-04-23 23:28
ATLANTA, April 23, 2025 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its second quarter ended March 31, 2025, after U.S. markets close on Monday, May 5, 2025. On Tuesday, May 6, 2025, at 10:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company’s website www.muellerwaterproducts.com. An archive of the web ...
Baird Medical's MWA Technology Successfully Applied in Endocrine Procedures
Prnewswire· 2025-03-31 12:30
Using Baird Medical's MWA system for the first time, Dr. Kazeem praised its efficiency and seamless integration into clinical practice. "The system is both intuitive and optimizes procedure time, allowing treatments more streamlined without compromising patient outcomes," he stated. Baird Medical remains dedicated to driving innovation in medical technology and promoting the adoption of MWA among healthcare professionals worldwide. "Dr. Kazeem's successful experience highlights the value of our technology i ...
Mueller Water Products (MWA) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-03-18 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Mueller Water Products to Participate in the Gabelli 35th Annual Pump, Valve & Water Systems Symposium
Newsfilter· 2025-02-25 00:05
Core Viewpoint - Mueller Water Products, Inc. is actively participating in the Gabelli 35th Annual Pump, Valve & Water Systems Symposium, indicating its commitment to industry engagement and innovation [1]. Company Overview - Mueller Water Products, Inc. is a leading manufacturer and marketer of products and solutions for water transmission, distribution, and measurement in North America [2]. - The company's product portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software for critical water system data [2]. - The company aims to help municipalities enhance operational efficiencies, improve customer service, and prioritize capital spending, positioning itself as a key player in the water infrastructure sector [2].
Mueller Water Products to Participate in the Gabelli 35th Annual Pump, Valve & Water Systems Symposium
Globenewswire· 2025-02-25 00:05
Core Viewpoint - Mueller Water Products, Inc. is actively participating in the Gabelli 35th Annual Pump, Valve & Water Systems Symposium, indicating its commitment to industry engagement and innovation [1]. Company Overview - Mueller Water Products, Inc. is a leading manufacturer and marketer of products and solutions for water transmission, distribution, and measurement in North America [2]. - The company's product portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software for critical water system data [2]. - The company aims to help municipalities enhance operational efficiencies, improve customer service, and prioritize capital spending, positioning itself as a key player in the water infrastructure sector [2].