MWA Stock Recent News

ATLANTA, May 07, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced that its management team will participate in the following upcoming investor conferences in May:

Mueller Water Products, Inc. (NYSE:MWA ) Q2 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Whit Kincaid - Senior Director, Investor Relations and Corporate Development Marietta Zakas - Chief Executive Officer Steven Heinrichs - Chief Financial Officer and Chief Legal Officer Conference Call Participants Brian Lee - Goldman Sachs Joseph Giordano - TD Cowen Bryan Blair - Oppenheimer Deane Dray - RBC Capital Markets Michael Halloran - Baird Operator Welcome, and thank you for standing by. [Operator Instructions] Today's call is being recorded.

Mueller Water Products (MWA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ATLANTA, April 24, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its second quarter ended March 31, 2024, after U.S. markets close on Monday, May 6, 2024. On Tuesday, May 7, 2024, at 10:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company's website www.muellerwaterproducts.com . An archive of the webcast will be available for approximately 90 days following the call.

Mueller Water Products (MWA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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Here is how Mueller Water Products (MWA) and Napco (NSSC) have performed compared to their sector so far this year.

Mueller Water Products, Inc. (MWA) Q1 2024 Earnings Call Transcript

Mueller Water Products (MWA) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.13 per share a year ago.

Mueller Water is a small-cap water stock with strong competitive advantages, poised to capitalize on the pent-up demand for water infrastructure upgrades driven by decades of underinvestment in this sector. The company is facing temporary manufacturing challenges associated with ongoing investment initiatives, which is obscuring its underlying profitability potential. Prior to undergoing operational upgrades, Mueller Water enjoyed margins of 20%. However, current manufacturing disruptions have temporarily reduced margins to 15%.