MWA - Mueller Water Products Non-GAAP EPS of $0.13 beats by $0.05 revenue of $314.8M beats by $25.95M
- Mueller Water Products press release ( NYSE: MWA ): Q1 Non-GAAP EPS of $0.13 beats by $0.05 .
- Revenue of $314.8M (+15.6% Y/Y) beats by $25.95M .
- FY23 Outlook:
- The Company anticipates that consolidated net sales will increase between 6 percent and 8 percent as compared with the prior year, and adjusted EBITDA will increase between 10 percent and 14 percent as compared with the prior year.
- Adjusted operating income, which excludes the impact of pension expense, is expected to increase more than 20 percent compared with the prior year.
- The Company expects free cash flow to increase as compared with 2022 as a result of improved cash flow from operations, with free cash flow as a percentage of adjusted net income between 40 percent and 60 percent.
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Mueller Water Products Non-GAAP EPS of $0.13 beats by $0.05, revenue of $314.8M beats by $25.95M