2023-05-08 17:04:12 ET
- Mueller Water Products press release ( NYSE: MWA ): Q2 Non-GAAP EPS of $0.14 misses by $0.02 .
- Revenue of $332.9M (+7.2% Y/Y) beats by $0.45M .
- This increase was due to higher pricing across most product lines in both segments, which was partially offset by a decrease in volumes in certain product lines.
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The Company’s expectations for certain financial metrics for the full-year fiscal 2023 are as follows:
- Total SG&A expenses between $255 million and $265 million
- Net interest expense between $16 million and $17 million
- Effective income tax rate between 23 percent and 25 percent
- Depreciation and amortization between $61 million and $63 million
- Capital expenditures between $60 million and $70 million
For further details see:
Mueller Water Products Non-GAAP EPS of $0.14 misses by $0.02, revenue of $332.9M beats by $0.45M