Mueller Water Products, in the Spotlight Soon

Seth Jayson, The Motley Fool
Updated

Mueller Water Products (NYS: MWA) is expected to report Q4 earnings on Oct. 30. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Mueller Water Products's revenues will contract -26.9% and EPS will decrease -233.3%.

The average estimate for revenue is $272.9 million. On the bottom line, the average EPS estimate is $0.04.


Revenue details
 Last quarter, Mueller Water Products booked revenue of $275.9 million. GAAP reported sales were 6.3% higher than the prior-year quarter's $259.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $0.05. GAAP EPS were $0.06 for Q3 compared to -$0.02 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 28.9%, 70 basis points better than the prior-year quarter. Operating margin was 9.6%, about the same as the prior-year quarter. Net margin was 3.6%, 460 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.07 billion. The average EPS estimate is $0.03.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Mueller Water Products is outperform, with an average price target of $3.56.

The article Mueller Water Products, in the Spotlight Soon originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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