Water Stocks Company Sector Snapshot: Mueller Water (NYSE: MWA)
Category: Investment, Water, Renewable Energy
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News about Mueller Water Products, Inc.
NEW YORK - June 12, 2012 Investorideas.com and its water stocks research portal www. Water-stocks.com, issue a company snapshot for Mueller Water Products, Inc. (NYSE:MWA) for investors following the sector.
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Mueller Water Products, Inc. (NYSE :MWA) is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water. Our broad product portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure™. The piping component systems produced by Anvil help build connections that last in commercial, industrial and oil & gas applications. www.muellerwaterproducts.com.
Mueller Water Products, Inc. (NYSE:MWA) 6 month stock chart
May 1, 2012- Mueller Water Products Reports Fiscal 2012 Second Quarter Results
Summarized consolidated results of continuing operations for the 2012 second quarter compared to the 2011 second quarter results are:
- Net sales for the 2012 second quarter increased 6.8 percent to $251.5 million from $235.5 million for the 2011 second quarter.
- Operating income for the 2012 second quarter increased to $10.6 million from $9.8 million for the 2011 second quarter. Adjusted operating income for the 2012 second quarter increased to $11.5 million from $10.9 million for the 2011 second quarter.
- Adjusted net loss per share for the 2012 second quarter improved to $0.01 from $0.02 for the 2011 second quarter.
- Adjusted EBITDA for the 2012 second quarter of $26.7 million was essentially flat with adjusted EBITDA for the 2011 second quarter
Consensus Rating: OUTPERFORM ( 8 total analysts )
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