NYSE$MLI
Mueller Industries Inc · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Mueller Industries reported an increase in operating income and net income, despite a decrease in net sales compared to the same quarter last year.
Mueller Industries reported Q4 2019 earnings with an increase in operating income to $44.4 million from $40.0 million in Q4 2018. Net income also increased to $28.2 million, or 50 cents per diluted share, compared to $26.9 million, or 47 cents per diluted share, in the prior year. However, net sales saw a slight decrease to $543.8 million from $559.1 million in the same quarter of 2018.
- Operating income for the fourth quarter increased to $44.4 million compared to $40.0 million in the same quarter of 2018.
- Net income for the quarter rose to $28.2 million, or 50 cents per diluted share, from $26.9 million, or 47 cents per diluted share, in the prior year.
- Net sales for the quarter decreased to $543.8 million compared to $559.1 million in the fourth quarter of 2018.
- The average price of copper was lower compared to the prior year period, impacting net sales for the Piping Systems and Industrial Metals segments.
Headline financials
Revenue & EPS history
Mueller Industries · Revenue · Quarterly
$544M
Forward guidance
Mueller Industries anticipates a positive outlook for 2020, supported by cost mitigation initiatives and improved performance in the Piping Systems and Climate businesses, despite softening industrial markets.
Tailwinds
- Cost mitigation initiatives undertaken in the second half of 2019.
- Improved performance in Piping Systems and Climate businesses.
- Solid fundamentals in the building construction sector.
- Healthy or improving economies in which the company operates.
- Tecumseh’s operating results improved in the second half of the year.
Headwinds
- Softening of the industrial markets experienced during the fourth quarter.
- Potential for bumpy earnings from Tecumseh as it executes its restructuring plan.
- Economic and currency conditions.
- Continued availability of raw materials and energy.
- Market demand, pricing, competitive and technological factors, and the availability of financing.
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 Q4 2019
+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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