Earnings To Watch: Mueller Water Products Inc (MWA) Reports Q4 2024 Result

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Nov 05, 2024
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Mueller Water Products Inc (MWA, Financial) is set to release its Q4 2024 earnings on Nov 6, 2024. The consensus estimate for Q4 2024 revenue is $324.80 million, and the earnings are expected to come in at $0.22 per share. The full year 2024's revenue is expected to be $1.29 billion and the earnings are expected to be $0.86 per share. More detailed estimate data can be found on the Forecast page.

Mueller Water Products Inc (MWA, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Mueller Water Products Inc (MWA) for the full year 2024 have increased from $1.27 billion to $1.29 billion, and for 2025 from $1.34 billion to $1.35 billion. Similarly, earnings estimates have risen from $0.80 per share to $0.86 per share for the full year 2024 and from $0.97 per share to $1.03 per share for 2025.

Mueller Water Products Inc (MWA, Financial) Reported History

In the previous quarter of 2024-06-30, Mueller Water Products Inc's (MWA) actual revenue was $356.70 million, which beat analysts' revenue expectations of $329.60 million by 8.22%. Mueller Water Products Inc's (MWA) actual earnings were $0.30 per share, which beat analysts' earnings expectations of $0.21 per share by 40.85%. After releasing the results, Mueller Water Products Inc (MWA) was up by 5.96% in one day.

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Mueller Water Products Inc (MWA, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 6 analysts, the average target price for Mueller Water Products Inc (MWA) is $23.67 with a high estimate of $26 and a low estimate of $20. The average target implies an upside of 7.33% from the current price of $22.05.

Based on GuruFocus estimates, the estimated GF Value for Mueller Water Products Inc (MWA, Financial) in one year is $14.91, suggesting a downside of -32.38% from the current price of $22.05.

Based on the consensus recommendation from 6 brokerage firms, Mueller Water Products Inc's (MWA, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.