Mueller Water Products (MWA) Q1 Earnings and Revenues Surpass Estimates

Core Insights - Mueller Water Products (MWA) reported quarterly earnings of $0.25 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, and up from $0.13 per share a year ago [1][2] - The company achieved revenues of $304.3 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 8% and increasing from $256.4 million year-over-year [3] - The stock has shown a 31.58% earnings surprise this quarter and has surpassed consensus EPS estimates three out of the last four quarters [2][3] Earnings Performance - The earnings surprise of 31.58% indicates strong performance relative to expectations [2] - In the previous quarter, the company had an earnings expectation of $0.25 per share but reported $0.22, resulting in a negative surprise of -12% [2] - The company has consistently outperformed revenue estimates, achieving this four times in the last four quarters [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.34, with expected revenues of $357.75 million, and for the current fiscal year, the EPS estimate is $1.17 on revenues of $1.36 billion [8] - The estimate revisions trend for Mueller Water Products is favorable, leading to a Zacks Rank 2 (Buy), suggesting expected outperformance in the near future [7] - The Steel - Pipe and Tube industry, to which Mueller Water Products belongs, is currently ranked in the top 16% of over 250 Zacks industries, indicating a positive industry outlook [9]