(Updates with the stock move in the headline and first paragraph.)
Mueller Industries (MLI) shares fell 8.3% in Tuesday trading after the company posted fiscal Q3 earnings that missed Wall Street expectations.
In the quarter ended Sept. 26, earnings rose to $1 per diluted share from $0.94 a year earlier, the company said Tuesday before the market opened.
Two analysts polled by FactSet expected $1.08.
Net sales increased to $1.42 billion from $1.08 billion a year earlier.
Analysts projected $1.29 billion.
Price: 55.78, Change: -5.04, Percent Change: -8.29
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