What trends in MWA's EPS surprises suggest for future quarters?

Mueller Water Products (MWA) has shown a positive trend in EPS surprises, with the most recent report period being for Q2 2025. The company's non-GAAP EPS of $0.30 for Q2 2024 exceeded estimates by $0.16, and revenue of $353.4 million exceeded expectations by $53.78 million. This indicates a strong performance and suggests that future quarters may also see positive EPS surprises.

1. **Consistent Performance**: MWA has a history of beating EPS estimates, with a 63% success rate over the last two years. This consistency suggests that the company's management is effective at exceeding market expectations.
2. **Growth Outlook**: The company's fiscal 2024 outlook includes an increase in expectations for consolidated net sales, indicating a positive growth trajectory. This outlook supports the idea that MWA's strong performance will continue in the coming quarters.
3. **Analyst Expectations**: Analysts have set expectations for Q1 2025 EPS at $0.32 with revenue at $357.75 million. Given MWA's track record of exceeding expectations, it is possible that the company could surpass these estimates, leading to further EPS surprises.

In conclusion, MWA's history of exceeding EPS expectations, combined with a positive growth outlook and analyst expectations, suggest that future quarters may see continued EPS surprises. Investors may benefit from the company's strong performance and potential for further earnings beats.