Mueller Water Products, Inc. (MWA) announced earnings for its second quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $51.3 million, or $0.33 per share. This compares with $44.3 million, or $0.28 per share, last year.
Excluding items, Mueller Water Products, Inc. reported adjusted earnings of $53.7 million or $0.34 per share for the period.
Analysts on average had expected the company to earn $0.31 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.1% to $364.3 million from $353.4 million last year.
Mueller Water Products, Inc. earnings at a glance (GAAP) :
-Earnings: $51.3 Mln. vs. $44.3 Mln. last year.
-EPS: $0.33 vs. $0.28 last year.
-Revenue: $364.3 Mln vs. $353.4 Mln last year.
For comments and feedback: editorial@rttnews.com