earnings
confidence high
sentiment positive
materiality 0.75
Mueller Industries Q3 EPS $1.48 vs $1.17 YoY, sales up 22% to $997.8M
MUELLER INDUSTRIES INC
2024-Q3 EPS reported
$4.10
revenue$2,845,230,000
- Net sales $997.8M, up from $819.8M; includes $102.4M from recent acquisitions.
- Operating income $206.7M vs $181.0M; net income $168.7M vs $132.7M YoY.
- Diluted EPS $1.48, up from $1.17 (adjusted for October 2023 stock split).
- Net cash from operations $231.4M; cash/short-term investments $969.6M; current ratio 4.9x.
- CEO cites integration progress of two acquired businesses contributing positively.