Mueller Industries (MLI) Reports Q4 EPS of $0.50

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Go back to Mueller Industries (MLI) Reports Q4 EPS of $0.50

Mueller Industries, Inc. Reports Fourth Quarter and Fiscal 2019 Earnings

February 4, 2020 7:00 AM EST

COLLIERVILLE, Tenn.--(BUSINESS WIRE)-- Mueller Industries, Inc. (NYSE: MLI) announced today operating income for the fourth quarter of $44.4 million, compared with $40.0 million in the same quarter of 2018. Net income for the quarter was $28.2 million, or 50 cents per diluted share, on net sales of $543.8 million, compared with net income of $26.9 million, or 47 cents per diluted share, on net sales of $559.1 million in the fourth quarter of 2018.

On a full year basis, the Company reported operating income of $191.4 million, compared with $173.0 million in fiscal year 2018. Net income for the year was $101.0 million,... More