Mueller Water Products (MWA) Tops Q4 EPS by 4c
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Mueller Water Products Reports 2014 Fourth Quarter and Full Year Results
October 28, 2014 4:58 PM EDTIncreased quarterly net sales 9.4 percent to $320.7 million. Grew quarterly operating income 29.5 percent to $43.0 million and increased adjusted operating income 29.0 percent to $43.1 million. Increased adjusted EBITDA by 18.9 percent over the prior year quarter to $57.3 million. Achieved quarterly income from continuing operations per diluted share of $0.16 compared with $0.10, and adjusted income from continuing operations per diluted share of $0.12 compared with $0.08. Generated free cash flow of $75.2 million, up 28.1 percent from the prior year quarter. Grew full year income from continuing operations per diluted share to $0.34 from... More
