Mueller Industries (MLI) Misses On The Revenue View

July 21, 2009 8:24 AM EDT

Mueller Industries (NYSE: MLI) reports Q2 EPS of $0.16 versus the analyst estimate of $0.16. Revenue for the quarter was $367.8 million, versus the consensus of $415 million.

"Mueller made rapid and extensive adjustments to its businesses as unit volumes declined, as a result of the national economic downturn. We expect Mueller to emerge from the current economic malaise a stronger, more efficient and more competitive company."

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