MWA Stock Recent News

Here is how Mueller Water Products (MWA) and Northwest Pipe Co. (NWPX) have performed compared to their sector so far this year.

ATLANTA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced that its management team will participate in the Raymond James Industrial and Energy Showcase (virtual) on August 8, 2024, with management hosting investor meetings. The presentation will be available on the Investor Relations section of the Company's website www.muellerwaterproducts.com.

Mueller Water Products had a rough day in the market but saw a significant increase in after-hours trading after strong financial results for Q3 2024. Q3 2024 showed great revenue and earnings growth for the company, with improved profitability metrics across the board. Despite the positive results, the stock is now more fairly valued, leading to a downgrade to a 'hold' recommendation.

Increased Net Sales 9.2 percent to $356.7 Million Reported Net Income per Diluted Share of $0.30 Achieved Record Adjusted Net Income per Diluted Share of $0.32 Raises Annual Guidance for Net Sales and Adjusted EBITDA ATLANTA, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced financial results for its 2024 third quarter ended June 30, 2024. In the third quarter of 2024, the Company: Delivered net sales of $356.7 million, a 9.2 percent increase as compared with $326.6 million in the prior year quarter Reported operating income of $67.0 million as compared with $35.6 million in the prior year quarter and increased adjusted operating income 77.0 percent to $69.9 million as compared with $39.5 million in the prior year quarter Reported operating margin of 18.8 percent as compared with 10.9 percent in the prior year quarter and increased adjusted operating margin to 19.6 percent as compared with 12.1 percent in the prior year quarter Reported net income of

Mueller Water Products (MWA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ATLANTA, July 24, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its third quarter ended June 30, 2024, after U.S. markets close on Monday, August 5, 2024. On Tuesday, August 6, 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 an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

MONDY, MWA, SRPT, ASYS and CLCO have been added to the Zacks Rank #1 (Strong Buy) List on July 3, 2024.

MONDY, MWA and ITOCY made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 3, 2024.

Articles about water stocks to buy typically focus on income-oriented investors. That's because, like many utility stocks, water stocks are known for their predictability.