Mueller Water Products reports strong Q1 earnings, raising annual guidance despite mixed stock performance.

Mueller Water Products reported strong earnings for Q1 2025, with net sales up 18.7% to $304.3 million and adjusted net income per share up 97.0% to $0.25. The company raised its annual guidance due to higher volumes and improved margins. Mueller Industries, meanwhile, saw shares fall 4.2% but beat earnings estimates, with Northcoast Research upgrading its rating to "buy." Both companies announced dividends and saw changes in institutional ownership.

2 months ago
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