NYSE$MLI
Mueller Industries Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Mueller Industries reported strong financial results driven by favorable market demand and exceptional operating performance.
Mueller Industries reported a substantial increase in net sales, operating income, and net income for the third quarter of 2021 compared to the prior year. The company benefited from favorable market demand, higher copper prices, and contributions from acquisitions.
- Operating income increased to $233.4 million from $69.2 million.
- Net income rose to $171.0 million from $42.7 million.
- Net sales grew to $982.2 million compared to $619.1 million.
- Earnings per share (EPS) increased to $3.01 from $0.76.
Headline financials
Revenue & EPS history
Mueller Industries · Revenue · Quarterly
$982M
Forward guidance
The company anticipates that current market conditions will continue for the foreseeable future.
Tailwinds
- Building construction demand remains solid.
- Backlogs in most businesses continue to build.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+2.2%
Avg return
Earnings day
+3.6%
Avg return
5 days after
+6.1%
Avg return
30 days after
71%
49 / 69 earnings
Positive
+15.8%
Q2 2022
Best reaction
-12.5%
Q4 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +11.3% | +12.5% | +10.4% | |
| Q4 2025 | -11.2% | -15.3% | -16.0% | |
| Q3 2025 | +4.1% | +2.7% | +4.2% | |
| Q2 2025 | +3.1% | +1.8% | +9.9% | |
| Q1 2025 | +2.6% | +0.4% | +6.0% | |
| Q4 2024 | -2.2% | +2.9% | +1.9% | |
| Q3 2024 | +12.4% | +13.6% | +27.2% | |
| Q2 2024 | +2.0% | +9.0% | +7.4% | |
| Q1 2024 | +8.3% | +7.1% | +8.8% | |
| Q4 2023 | +1.5% | +2.7% | +7.4% | |
| Q3 2023 | +6.4% | +7.8% | +16.4% | |
| Q2 2023 | -10.9% | -11.4% | -17.2% | |
| Q1 2023 | +1.5% | +3.7% | +10.1% | |
| Q4 2022 | +6.9% | +4.6% | +7.4% | |
| Q3 2022 | +3.5% | +3.2% | +12.8% | |
| Q2 2022 | +15.8% | +14.5% | +28.1% | |
| Q1 2022 | +13.7% | +9.3% | +0.7% | |
| Q4 2021 | +6.0% | +6.8% | +11.5% | |
| Q3 2021 | +7.9% | +13.0% | +39.1% | |
| Q2 2021 | +10.3% | +9.5% | +12.3% | |
| Q1 2021 | +0.8% | +1.5% | +3.0% | |
| Q4 2020 | +1.0% | +4.9% | +14.2% | |
| Q3 2020 | +2.2% | +4.2% | +12.5% | |
| Q2 2020 | +5.3% | +4.2% | +12.5% | |
| Q1 2020 | +1.4% | -0.3% | +4.4% | |
| Q4 2019 | +14.0% | +11.4% | -7.3% | |
| Q3 2019 | +5.1% | +5.6% | +5.0% | |
| Q2 2019 | +9.4% | +11.6% | -4.6% | |
| Q1 2019 | -7.6% | -5.6% | -11.9% | |
| Q4 2018 | +15.2% | +17.0% | +19.4% | |
| Q3 2018 | -4.7% | -2.5% | -5.6% | |
| Q2 2018 | +10.0% | +9.5% | +12.9% | |
| Q1 2018 | +0.1% | +0.8% | +9.1% | |
| Q4 2017 | -12.5% | -14.7% | -13.3% | |
| Q3 2017 | +0.8% | -1.4% | +2.5% | |
| Q2 2017 | +2.0% | +2.9% | -4.1% | |
| Q1 2017 | -4.2% | -6.2% | -16.4% | |
| Q4 2016 | +4.3% | +7.3% | -3.3% | |
| Q3 2016 | -3.4% | -4.6% | +22.3% | |
| Q2 2016 | +1.4% | +0.6% | +2.9% | |
| Q1 2016 | +2.7% | — | — | |
| Q4 2015 | +0.0% | — | — | |
| Q3 2015 | +1.8% | — | — | |
| Q2 2015 | -4.1% | — | — | |
| Q1 2015 | -2.7% | — | — | |
| Q4 2014 | +6.0% | — | — | |
| Q3 2014 | +5.9% | — | — | |
| Q2 2014 | +3.6% | — | — | |
| Q1 2014 | -3.9% | — | — | |
| Q4 2013 | -2.7% | — | — | |
| Q3 2013 | -0.4% | — | — | |
| Q2 2013 | +3.6% | — | — | |
| Q1 2013 | +1.5% | — | — | |
| Q4 2012 | +2.1% | — | — | |
| Q3 2012 | -5.4% | — | — | |
| Q2 2012 | -0.6% | — | — | |
| Q1 2012 | +2.7% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q3 2011 | +9.1% | — | — | |
| Q2 2011 | -2.7% | — | — | |
| Q1 2011 | +0.3% | — | — | |
| Q1 2010 | +0.3% | — | — | |
| Q2 2010 | +0.3% | — | — | |
| Q4 2010 | -2.4% | — | — | |
| Q4 2008 | -2.4% | — | — | |
| Q3 2010 | +1.2% | — | — | |
| Q3 2009 | +1.2% | — | — | |
| Q2 2009 | +2.8% | — | — | |
| Q4 2009 | +2.8% | — | — |
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