Mueller GAAP EPS of $1.00 misses by $0.01, revenue of $1.42B beats by $140M
- Mueller press release (MLI): Q3 GAAP EPS of $1.00 misses by $0.01.
- Revenue of $1.42B (+31.5% Y/Y) beats by $140M.
- COMEX copper averaged $6.48 per pound during the quarter, a 34.2 percent increase over the prior year period.
- Unit volume growth across most of our businesses, combined with price adjustments related to the rise in material costs, contributed to the increase in net sales.
- The results include $9.4 million in charges related to purchase accounting for recent acquisitions.
- Shares -1.5% PM.
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