Mueller Water reports Q1 adjusted EPS 13c, consensus 8c

Reports Q1 revenue $314.8M, consensus $288.91M. "Overall, I am pleased with our solid start to this year. We again generated a double-digit increase in consolidated net sales. We benefited from past pricing actions, and we implemented additional price increases to help offset the ongoing inflationary pressures. We believe we are on track to achieve the operational improvements needed to increase margins in the second half of this year," said Scott Hall, president and CEO of Mueller Water Products.