Mueller Water Products stock surges 7.1% after beating Q3 estimates, raising full-year outlook.

Mueller Water Products reported record Q3 net sales of $380.3mln, up 6.6% YoY, beating analyst estimates. The company's profitability strengthened, and management raised its full-year forecast for net sales and adjusted EBITDA. Shares jumped 7.1% in the afternoon session.

Title: Mueller Water Products Reports Record Q3 Net Sales, Raises Full-Year Forecast

Mueller Water Products (MWA) reported record Q3 net sales of $380.3 million, up 6.6% year-over-year (YoY), exceeding analyst estimates. The company's profitability strengthened, with adjusted earnings per share (EPS) of $0.34, meeting the consensus estimate. Management also raised its full-year forecast for net sales and adjusted EBITDA, reflecting the company's strong performance. Shares of MWA jumped 7.1% in the afternoon session.

Key Metrics:
- Net Sales: $380.3 million, up 6.6% YoY, exceeding the Zacks Consensus Estimate of $366.25 million [1].
- EPS: $0.34, matching the consensus estimate of $0.35, compared to $0.32 a year ago.
- Net Sales - Water Management Solutions: $163.7 million, up 10.2% YoY, compared to the average analyst estimate of $156 million [1].
- Net Sales - Water Flow Solutions: $216.6 million, up 4.1% YoY, compared to the average analyst estimate of $210 million [1].
- Adjusted Operating Income (Loss) - Water Flow Solutions: $60.5 million, compared to the average analyst estimate of $54.5 million [1].
- Adjusted Operating Income (Loss) - Corporate: $-16.1 million, compared to the average analyst estimate of $-14 million [1].
- Adjusted Operating Income (Loss) - Water Management Solutions: $30.3 million, compared to the average analyst estimate of $30 million [1].

Management's Outlook:
Mueller Water Products raised its full-year net sales forecast to $1.405-$1.415 billion and expects adjusted EBITDA to be above 80% of adjusted net income. The company's operational focus and innovation have helped buffer it from industry headwinds, such as higher tariffs [3].

Investor Sentiment:
Shares of MWA have returned -2.2% over the past month compared to the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating potential underperformance in the near term [1, 2].

Conclusion:
Mueller Water Products' strong Q3 performance and raised full-year forecast demonstrate the company's resilience and operational discipline. Investors should closely monitor the company's earnings call for further insights into its near-term prospects.

References:
1. [https://www.nasdaq.com/articles/compared-estimates-mueller-water-products-mwa-q3-earnings-look-key-metrics](https://www.nasdaq.com/articles/compared-estimates-mueller-water-products-mwa-q3-earnings-look-key-metrics)
2. [https://www.nasdaq.com/articles/mueller-water-products-mwa-misses-q3-earnings-estimates](https://www.nasdaq.com/articles/mueller-water-products-mwa-misses-q3-earnings-estimates)
3. [https://finimize.com/content/mueller-water-products-raises-expectations-after-beating-sales-targets](https://finimize.com/content/mueller-water-products-raises-expectations-after-beating-sales-targets)