Uncovering Potential: Mueller Water Products's Earnings Preview

Mueller Water Products (NYSE:MWA) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-06. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Mueller Water Products will report an earnings per share (EPS) of $0.21.

The market awaits Mueller Water Products's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Overview of Past Earnings

Last quarter the company beat EPS by $0.10, which was followed by a 5.96% increase in the share price the next day.

Here's a look at Mueller Water Products's past performance and the resulting price change:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

EPS Estimate

0.22

0.14

0.08

0.14

EPS Actual

0.32

0.30

0.13

0.19

Price Change %

6.0%

9.0%

10.0%

5.0%

Mueller Water Products Share Price Analysis

Shares of Mueller Water Products were trading at $22.05 as of November 04. Over the last 52-week period, shares are up 78.92%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Insights on Mueller Water Products

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Mueller Water Products.

Analysts have provided Mueller Water Products with 3 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands ...