Investing.com - Mueller Industries reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Mueller Industries announced earnings per share of $2.74 on revenue of $944.80. Analysts polled by Investing.com anticipated EPS of $2.35 on revenue of $1.03B.
Mueller Industries shares are up 1.26% from the beginning of the year , still down 14.59% from its 52 week high of $70.38 set on Tuesday, August 16, 2022.
Mueller Industries follows other major Industrials sector earnings this month
Mueller Industries's report follows an earnings missed by FedEx on Thursday, September 15, 2022, who reported EPS of $3.44 on revenue of $23.2B, compared to forecasts EPS of $5.14 on revenue of $23.61B.
Cintas had beat expectations on Wednesday, September 28, 2022 with first quarter EPS of $3.39 on revenue of $2.17B, compared to forecast for EPS of $3.13 on revenue of $2.08B.
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