Mueller Industries Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters10-22

* Mueller Industries Inc reported quarterly adjusted earnings of $1.48 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.18. The lone analyst forecast for the quarter was for earnings of $1.32 per share.

* Revenue rose 21.7% to $997.83 million from a year ago; analysts expected $936.00 million.

* The company reported quarterly net income of $168.7 million.

* Mueller Industries Inc shares had fallen by 2.7% this quarter and gained 52.9% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the industrial machinery & equipment peer group is also "hold"

This summary was machine generated from LSEG data October 22 at 01:41 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 1.32 1.48 Beat

Jun. 30 2024 1.29 1.41 Beat

Mar. 31 2024 1.05 1.21 Beat

Dec. 31 2023 0.65 1.00 Beat

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