Mueller Water reports Q2 EPS 34c, consensus 31c

Reports Q2 revenue $364.3M, consensus $351.0M. “We delivered a solid performance in our second quarter. Our focused execution enabled us to benefit from healthy order levels during the quarter supported by continued resilient end-market demand. As a result, we achieved quarterly records for our consolidated net sales, adjusted EBITDA and adjusted net income per share. I am grateful for our teams’ dedication to delivering exceptional customer service, improving operational excellence and maintaining cost discipline which contributed to these results,” said Martie Edmunds Zakas, CEO. “Our teams are diligently working through the challenging external environment as we maintain our focus on providing outstanding customer service while closely managing our supply chain. We are largely vertically integrated in the U.S. for most of our major product categories. However, we expect that the recently enacted tariffs will increase costs for many of our products to varying degrees. We are taking appropriate steps to mitigate the higher costs through pricing actions, supply chain mitigation plans, operational initiatives and cost discipline. Our increased annual guidance range for 2025 net sales reflects our performance, expected benefits from new price actions and current expectations for end-market demand. While our adjusted EBITDA guidance incorporates benefits from our anticipated higher net sales, we are maintaining our 2025 adjusted EBITDA guidance range due to an expected increase in costs from the recently enacted tariffs.”