MWA Stock Recent News
MWA LATEST HEADLINES
Mueller Water Products is well-positioned for growth due to pricing increases, resilient municipal R&R activity and improving new residential construction market. Margins are expected to benefit from price increases, operating leverage, cost reductions, and improved productivity, as well as the ramping up of production in a new foundry. Valuation multiple can re-rate if the company continues to execute well.
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A combination of end-to-customer destocking and solid end demand from municipalities contributed to the company's growth in the recent quarter. Management now believes its sales will grow in fiscal 2024 compared to a prior expectation for a decline.
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.