Mueller Water Products (NYSE: MWA ) filed its 10-K on Nov. 29. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q4), Mueller Water Products beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share expanded.
Margins grew across the board.
Mueller Water Products reported revenue of $281.1 million. The eight analysts polled by S&P Capital IQ expected to see a top line of $272.9 million on the same basis. GAAP reported sales were 9.7% higher than the prior-year quarter's $256.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.03. The eight earnings estimates compiled by S&P Capital IQ predicted $0.04 per share. GAAP EPS were $0.02 for Q4 versus -$0.06 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 27.3%, 200 basis points better than the prior-year quarter. Operating margin was 8.1%, 290 basis points better than the prior-year quarter. Net margin was 1.2%, 490 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $231.1 million. On the bottom line, the average EPS estimate is -$0.02.
Next year's average estimate for revenue is $1.10 billion. The average EPS estimate is $0.16.
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 $4.00.
Looking for alternatives to Mueller Water Products? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.