Mueller Water Products, Inc. (MWA) Tops Q1 EPS by 1c

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Mueller Water Products Reports 2016 First Quarter Results

February 3, 2016 5:00 PM EST

Adjusted Net Income Increased to $6.7 Million from $4.5 Million

Adjusted Net Income Per Diluted Share Increased to $0.04 from $0.03

ATLANTA, Feb. 03, 2016 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced today that for its fiscal first quarter ended December 31, 2015, net sales were $242.7 million compared with $261.8 million in the prior year period. Operating income was $14.9 million compared with $8.1 million in the prior year period, and adjusted operating income was $15.7 million compared with $16.3 million in the prior year period. Net income was $6.2 million, or $0.04 per diluted share, compared... More