NYSE$MWA
Mueller Water Products Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported strong performance with increased net sales and adjusted net income per diluted share.
Mueller Water Products reported an 11.7% increase in net sales to $237.4 million and a 37.5% increase in adjusted net income per diluted share to $0.11 for the first quarter of 2021. The company benefited from strength in the residential construction end market and resilient municipal end markets.
- Net sales increased by 11.7 percent compared to the prior year quarter.
- Operating income increased by 36.9 percent compared to the prior year quarter.
- Net income increased to $16.7 million compared to $10.3 million in the prior year quarter.
- Adjusted EBITDA increased by 19.5 percent compared to the prior year quarter.
Headline financials
Revenue & EPS history
Mueller · Revenue · Quarterly
$237M
Revenue by segment
Mueller · $301M total across 2 segments · Q4 2023
- Water Flow Solutions$162M-10.0%53.6%
- Water Management Solutions$140M-8.0%46.4%
Forward guidance
The company anticipates consolidated net sales will increase between 4 and 6 percent and adjusted EBITDA growth will be between 5 and 8 percent for the full-year fiscal 2021.
Tailwinds
- Strong first quarter performance.
- Current backlog.
- Current expectations for end markets.
- Price expectations.
- Inflation expectations.
Headwinds
- Operational headwinds from the pandemic will continue to impact manufacturing costs.
- High level of uncertainty regarding the pandemic.
- Potential for temporary delays in project-related portions of the municipal market.
- Impacts from higher costs associated with inflation later in the year.
- SG&A expenses between $210 million and $215 million.
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 Q1 2021
+1.7%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+0.8%
Avg return
30 days after
63%
41 / 65 earnings
Positive
+16.7%
Q1 2025
Best reaction
-12.8%
Q1 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +1.8% | -6.4% | -8.1% | |
| Q1 2026 | +1.5% | +7.0% | +1.5% | |
| Q4 2025 | -4.4% | -5.9% | -1.8% | |
| Q2 2025 | -6.3% | -9.4% | -9.9% | |
| Q1 2025 | +16.7% | +16.6% | +8.5% | |
| Q4 2024 | +6.2% | +14.5% | +11.5% | |
| Q3 2024 | +2.2% | +1.1% | +2.8% | |
| Q2 2024 | +11.0% | +18.7% | +9.5% | |
| Q1 2024 | +10.8% | +10.4% | +14.5% | |
| Q4 2023 | +7.4% | +3.5% | +0.9% | |
| Q3 2023 | -10.8% | -13.3% | -11.0% | |
| Q2 2023 | -6.4% | -9.2% | +3.5% | |
| Q1 2023 | +7.5% | +6.8% | +8.2% | |
| Q4 2022 | -1.7% | -2.6% | -0.3% | |
| Q3 2022 | -9.3% | -10.4% | -15.6% | |
| Q2 2022 | -3.0% | +0.1% | -0.2% | |
| Q1 2022 | +0.4% | +4.2% | -2.3% | |
| Q4 2021 | -8.5% | -13.0% | -15.3% | |
| Q3 2021 | +2.7% | +1.1% | +7.4% | |
| Q2 2021 | +1.9% | +3.6% | +0.5% | |
| Q1 2021 | +2.4% | +6.1% | +8.6% | |
| Q4 2020 | +7.7% | +7.3% | +13.4% | |
| Q3 2020 | +6.9% | +8.8% | +5.0% | |
| Q2 2020 | -4.6% | -4.5% | +3.7% | |
| Q1 2020 | +3.5% | +1.2% | -4.6% | |
| Q4 2019 | -5.1% | -7.4% | -2.1% | |
| Q3 2019 | +3.8% | +0.4% | +2.0% | |
| Q2 2019 | -12.8% | -15.2% | -12.0% | |
| Q1 2019 | +6.5% | +3.6% | +3.9% | |
| Q4 2018 | +7.3% | +6.2% | -4.4% | |
| Q3 2018 | -5.4% | -5.7% | -7.5% | |
| Q2 2018 | +15.4% | +20.7% | +23.7% | |
| Q1 2018 | -2.4% | -4.6% | -5.5% | |
| Q4 2017 | +3.7% | +2.3% | +3.4% | |
| Q3 2017 | +6.7% | +4.6% | +5.0% | |
| Q2 2017 | -11.9% | -12.2% | -12.6% | |
| Q1 2017 | +0.3% | -6.6% | -9.2% | |
| Q4 2016 | -11.8% | -9.0% | +9.9% | |
| Q3 2016 | +4.9% | +7.9% | +7.7% | |
| Q2 2016 | +6.1% | — | — | |
| Q1 2016 | +5.9% | — | — | |
| Q4 2015 | -2.1% | — | — | |
| Q3 2015 | +5.8% | — | — | |
| Q2 2015 | -5.5% | — | — | |
| Q1 2015 | -12.8% | — | — | |
| Q4 2014 | +9.7% | — | — | |
| Q3 2014 | +14.8% | — | — | |
| Q2 2014 | -3.0% | — | — | |
| Q1 2014 | +10.0% | — | — | |
| Q4 2013 | +4.4% | — | — | |
| Q3 2013 | +6.2% | — | — | |
| Q2 2013 | +11.4% | — | — | |
| Q1 2013 | -1.3% | — | — | |
| Q4 2012 | +9.7% | — | — | |
| Q3 2012 | +3.1% | — | — | |
| Q2 2012 | +3.1% | — | — | |
| Q1 2012 | -1.4% | — | — | |
| Q4 2009 | +10.3% | — | — | |
| Q3 2010 | +2.9% | — | — | |
| Q3 2011 | +2.9% | — | — | |
| Q2 2011 | +1.7% | — | — | |
| Q2 2010 | +1.7% | — | — | |
| Q1 2011 | -1.5% | — | — | |
| Q1 2010 | -1.5% | — | — | |
| Q4 2010 | -1.5% | — | — |
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