Mueller Water Q3 sales, profit beat estimates on higher prices, lower costs
MWA•Q3 results beat estimates
Mueller Water Products said fiscal third-quarter net sales rose 4.1% and beat analyst expectations, as adjusted earnings and EBITDA also came in above estimates.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q3 Sales | Beat | $395.90 mln | $391.30 mln (5 Analysts) |
| Q3 Adjusted EPS | Beat | $0.50 | $0.39 (6 Analysts) |
| Q3 Net Income | $67.30 mln | ||
| Q3 Adjusted EBITDA | Beat | $107.40 mln | $96.81 mln (5 Analysts) |
| Q3 Adjusted Operating Income | Beat | $94.90 mln | $84.32 mln (5 Analysts) |
Analyst view and valuation
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell".
The average consensus recommendation for the industrial machinery & equipment peer group is "buy."
Wall Street's median 12-month price target for Mueller Water Products, Inc. is $31.78, about 19.5% above its August 4 closing price of $26.60. The stock recently traded at 17 times the next 12-month earnings versus a P/E of 19 three months ago.
Fiscal 2026 outlook updated
Mueller Water Products narrowed its fiscal 2026 net sales guidance to $1.47 billion-$1.48 billion.
The company raised its fiscal 2026 adjusted EBITDA forecast to $367 million-$372 million and said it expects free cash flow as a percentage of adjusted net income to exceed 70% in fiscal 2026.
