ATLANTA (AP) — ATLANTA (AP) — Mueller Water Products Inc. (MWA) on Tuesday reported fiscal first-quarter profit of $35.3 million.
The Atlanta-based company said it had net income of 22 cents per share. Earnings, adjusted for one-time gains and costs, came to 25 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.
The maker of fire hydrants, pipes and water valves posted revenue of $304.3 million in the period.
Mueller Water Products expects full-year revenue in the range of $1.37 billion to $1.39 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MWA at https://www.zacks.com/ap/MWA
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