Mueller Water Products is expected to report consensus revenue of approximately $375.51 million and EPS of $0.39 for its fiscal fourth quarter, while the current stock price of $24.03 remains below the average analyst target of $27.00.
Investors are primarily focused on the normalization of fire hydrant backlogs and the company's ability to maintain margin expansion amid a softer residential construction environment.
The company recently raised its full-year 2026 adjusted EBITDA guidance to a range of $367 million to $372 million, supported by resilient municipal repair-and-replace demand. Management is also navigating a CFO transition, with Michael Morgan set to take over following a quarter of record-breaking profitability in specialty valves.