Mueller Water Products (MWA) Reports In-Line Q3 EPS

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Mueller Water Products Reports Improved 2014 Third Quarter Results

August 4, 2014 4:25 PM EDT

Operating Income Increased 27.1 Percent Net Income Per Diluted Share Increased to $0.11

ATLANTA, Aug. 4, 2014 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today reported net sales of $318.5 million and net income of $18.5 million for its fiscal 2014 third quarter ended June 30, 2014. The following information compares fiscal 2014 third quarter results from continuing operations with those of the prior year period. In the quarter, the Company:

Increased net sales 6.4 percent to $318.5 million from $299.4 million;   Increased operating income 27.1 percent to $41.8 million from $32.9 million, and increased adjusted operating income 26.9 percent to... More