Mueller Water Q4 sales slightly miss
MWA•Mueller Water Products reported fourth-quarter sales of $376.5 million, slightly below the $378.63 million consensus, while adjusted EPS matched at $0.38 and adjusted EBITDA beat estimates at $95.5 million. It increased its share repurchase authorization by $300 million, raised its quarterly dividend and forecast fiscal 2027 sales of $1.44 billion to $1.47 billion.
1. Quarterly results
Fourth-quarter net sales fell 1.1% year over year to $376.5 million, below analysts’ $378.63 million estimate, primarily due to lower volumes partly offset by higher pricing. Adjusted EPS was $0.38, matching consensus; adjusted EBITDA of $95.5 million and adjusted operating income of $82.6 million beat estimates.
2. Fiscal 2027 outlook
Mueller Water Products expects fiscal 2027 net sales of $1.44 billion to $1.47 billion and adjusted EBITDA of $378 million to $388 million, with a higher adjusted EBITDA margin in the second half. The company also increased its share repurchase authorization by $300 million and raised its quarterly dividend.
