Mueller Industries, Inc. Reports Third Quarter 2024 Earnings
Mueller Industries, Inc. (MLI)
Last mueller industries, inc. earnings: 2/4 07:00 am
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US:NYSE Investor Relations:
muellerindustries.com/investors
Company Research
Source: Business Wire
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the third quarter of 2024. Comparisons are to the third quarter of 2023.Net Sales of $997.8 million versus $819.8 millionOperating Income of $206.7 million versus $181.0 millionEarnings Before Taxes of $217.8 million versus $189.0 millionNet Income of $168.7 million versus $132.7 millionDiluted EPS of $1.48 versus $1.171Third Quarter Financial and Operating Highlights:COMEX copper averaged $4.23 per pound during the quarter, 12.0% higher than in the third quarter of 2023.The increase in net sales was attributable to the inclusion of $102.4 million of sales from recently acquired businesses, as well as the higher copper prices.Selling, general, and administrative expenses increased primarily due to the inclusion of $3.9 million of operating costs from recently acquired businesses, as well as $2.7 million in transaction related expenses.Investments in unconsolidated affiliates contribute
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- Piping and Fittings Markets in North America, 2024-2028: Value and Volume Projections for Plastic/PVC, Steel, Copper, Aluminum, and Glass Pipes [Yahoo! Finance]Yahoo! Finance
- Mueller GAAP EPS of $1.48, revenue of $997.8M beats by $61.8M [Seeking Alpha]Seeking Alpha
MLI
Sec Filings
- 11/8/24 - Form 8-K
- 10/31/24 - Form SC
- 10/31/24 - Form 4
- MLI's page on the SEC website