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Mueller Water Products Inc - MWA STOCK NEWS

Welcome to our dedicated news page for Mueller Water Products (Ticker: MWA), a resource for investors and traders seeking the latest updates and insights on Mueller Water Products.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mueller Water Products's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mueller Water Products's position in the market.

Rhea-AI Summary
Mueller Water Products, Inc. (MWA) will be presenting at the Gabelli Funds 34th Annual Pump, Valve & Water Systems Symposium in New York on February 22, 2024, at 10:30 a.m. Eastern Time. The presentation will be webcast and available on the company's website for 90 days.
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Rhea-AI Summary
Mueller Water Products, Inc. reported net sales of $256.4 million, a decrease of 18.6% compared to the prior year. The company achieved net income per diluted share of $0.09 and adjusted net income per diluted share of $0.13. The fiscal 2024 first quarter results showed a decrease in operating income, net income, and net sales. The company's CEO expressed confidence and resilience in the face of volume headwinds and external uncertainties, with the expectation of higher margins in fiscal 2024.
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9.65%
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Rhea-AI Summary
Mueller Water Products, Inc. (NYSE: MWA) is set to release its financial results for the first quarter ended December 31, 2023, on February 8, 2024. The company will hold a conference call on February 9, 2024, to discuss earnings and business results, with a webcast available on their Investor Relations section. Interested parties can listen to the webcast on www.muellerwaterproducts.com.
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-0.71%
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Rhea-AI Summary
Mueller Water Products, Inc. (MWA) declares a quarterly dividend of $0.064 per share, reflecting a commitment to shareholder value and financial stability.
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-0.43%
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Rhea-AI Summary
Mueller Water Products, Inc. (NYSE: MWA) has announced the nomination of Brian Healy to join the Company’s Board of Directors, bringing over 25 years of financial services industry experience. With the appointment, the Board would be comprised of 10 directors, nine of whom are independent. Healy's extensive executive leadership experience, strategic planning skills, and financial acumen are expected to bring significant value to the diverse Board. He has advised senior management teams and Board directors at public and private companies on numerous strategic transactions, including acquisitions, divestitures, spin-offs, hostile defenses, and cross-border transactions.
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2.2%
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Rhea-AI Summary
Mueller Water Products, Inc. (NYSE: MWA) reported net sales of $301.4 million in the fourth quarter, a 9.1 percent decrease compared to the prior year. Adjusted net income per diluted share increased 90.0 percent to $0.19. For the fiscal year, net sales increased 2.3 percent to $1,275.7 million. Adjusted net income per diluted share increased 8.6 percent to $0.63.
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4.98%
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Rhea-AI Summary
Mueller Water Products, Inc. (NYSE: MWA) to release Q4 and full year 2023 financial results on December 13, 2023, followed by a conference call on December 14, 2023.
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-0.36%
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Rhea-AI Summary
Mueller Water Products, Inc. has announced a delay in reporting its fourth quarter and fiscal 2023 results due to a recent cybersecurity incident. The incident has disrupted access to certain systems and information, impacting the company's ability to finalize its financial statements. However, the company provided selected preliminary financial information for fiscal 2023, including anticipated consolidated net sales of $1,260 million to $1,275 million (1.0% to 2.2% higher than the prior year) and adjusted EBITDA of $197 million to $203 million (1.3% to 4.4% higher than the prior year). The company's total debt outstanding as of September 30, 2023, was approximately $447 million, and cash and cash equivalents were approximately $160 million.
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3.33%
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Rhea-AI Summary
Mueller Water Products, Inc. has experienced a cybersecurity incident impacting its operational and IT systems. The incident has caused delays in business operations and may adversely impact financial results. The investigation is ongoing.
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Rhea-AI Summary
Mueller Water Products increases quarterly dividend by 4.9% to $0.064 per share.
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0.24%
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Mueller Water Products Inc

NYSE:MWA

MWA Rankings

MWA Stock Data

2.37B
153.76M
1.96%
96.68%
1.92%
Industrial Valve Manufacturing
Manufacturing
Link
US
Portsmouth

About MWA

mueller water products, inc. (nyse: mwa) is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water. our broad product and services portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment. we help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why mueller water products is where intelligence meets infrastructuretm. visit us at www.muellerwaterproducts.com.