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Mueller Water Products (MWA)
NYSE:MWA
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$0.19Last Year’s EPS
$0.13Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: -4.32%
|Next Earnings Date:Feb 05, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted a strong financial performance with record-breaking metrics in net sales, margins, and cash flow, demonstrating effective management and operational improvements. However, challenges such as geopolitical conflicts affecting operations, goodwill impairment, and warranty costs were acknowledged, indicating areas of concern.Company Guidance
During Mueller Water Products' Q4 2024 earnings call, the company provided robust guidance for fiscal 2025, projecting consolidated net sales growth between 1.9% and 3.4%, reaching between $1.34 billion and $1.36 billion. They anticipate adjusted EBITDA to increase by 5.4% to 7.1%, ranging from $300 million to $305 million, with improvements in gross margin expected due to operational efficiencies and the closure of the legacy brass foundry. Despite a challenging external environment, 2024 marked a record year, with net sales exceeding $1.3 billion, adjusted EBITDA reaching $284.7 million, and adjusted net income per share rising 52% to $0.96. The company remains focused on strategic investments and maintaining strong cash flow, evidenced by $191 million in free cash flow and a flexible balance sheet with $473 million in liquidity.Record Year for Fiscal 2024
Mueller Water Products achieved record levels for net sales, gross margin, adjusted EBITDA, adjusted net income per diluted share, and free cash flow. Full-year consolidated net sales exceeded $1.3 billion, with a 52% year-over-year increase in adjusted net income per share to $0.96.
Significant Margin Improvements
Fourth quarter gross margin increased by 250 basis points year-over-year, with adjusted EBITDA margin improving by 240 basis points. For the full year, adjusted EBITDA margin improved by 590 basis points to 21.7%, a record for the company.
Strong Cash Flow and Balance Sheet
Net cash provided by operating activities increased by $129.8 million compared to the prior year, with a free cash flow of $191.4 million. The company has a strong balance sheet with net debt leverage ratio less than 1 and no debt maturities until June 2029.
Growth in Water Flow Solutions
Net sales increased 24% to $200.3 million in the quarter, with adjusted operating income increasing 51.3% to $41.6 million. Adjusted EBITDA margin improved by more than 1,000 basis points to 28.8% for the full year.
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MWA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MWA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $23.90 | $24.03 | +0.54% |
| Aug 05, 2024 | $18.85 | $19.97 | +5.94% |
| May 06, 2024 | $16.40 | $17.84 | +8.78% |
| Feb 08, 2024 | $13.76 | $15.09 | +9.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Mueller Water Products (MWA) report earnings?
Mueller Water Products (MWA) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Mueller Water Products (MWA) earnings time?
Mueller Water Products (MWA) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MWA EPS forecast?
MWA EPS forecast for the fiscal quarter 2025 (Q1) is $0.19.
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