Mueller Water Products (MWA) Beats Q1 Earnings and Revenue Estimates

Mueller Water Products (MWA) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of$ 0.09 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 44.44%. A quarter ago, it was expected that this maker of fire hydrants, pipes and water valves would post earnings of$ 0.11 per share when it actually produced earnings of $0.19, delivering a surprise of 72. ...