Mueller Water Products, Inc. (MWA) Misses Q2 EPS by 1c

Mueller Water Products, Inc. (NYSE: MWA) reported Q2 EPS of $0.14, $0.01 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $332.9 million versus the consensus estimate of $330.18 million.

The Company’s expectations for certain financial metrics for the full-year fiscal 2023 are as follows:

• Total SG&A expenses between $255 million and $265 million
• Net interest expense between $16 million and $17 million
• Effective income tax rate between 23 percent and 25 percent
• Depreciation and amortization between $61 million and $63 million
• Capital expenditures between $60 million and $70 million

For earnings history and earnings-related data on Mueller Water Products, Inc. (MWA) click here.

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