Mueller Water Products, Inc. (MWA) Reports In-Line Q4 EPS

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Mueller Water Products Reports 2017 Fourth Quarter and Fiscal Year Results

November 1, 2017 4:56 PM EDT

ATLANTA, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced that for its fiscal fourth quarter ended September 30, 2017, net sales were $226.9 million and net income was $19.3 million, or $0.12 per diluted share.  For the fiscal year ended September 30, 2017, net sales were $826.0 million and net income was $123.3 million, or $0.76 per diluted share.

In the 2017 fourth quarter, the Company:

Increased net sales 5.2 percent to $226.9 million as compared with $215.6 million in the prior year periodImproved income from continuing operations to $20.1 million, which included $4.2 million in charges related to its... More