Mueller Industries earnings missed by $0.05, revenue topped estimates

Mueller Industries Inc. reported Q3 2026 revenue of $1.42B, up 31.6% YoY, and EPS of $1, driven by higher prices and volume in core products. Net income rose 6.7% to $224.32M. Growth was supported by acquisitions and strong demand in HVACR and brass markets, but margins compressed due to raw material costs and increased expenses.

MUELLER INDUSTRIES INC (MLI) filed an SEC Form 8-K — Results of Operations and Financial Condition. Mueller Industries, Inc. Reports Third Quarter 2026 Earnings COLLIERVILLE, Tenn., October 20, 2026 -- Mueller Industries, Inc. (NYSE: MLI) announces results for the third quarter of 2026. Comparisons are to the third quarter of 2025. • Net Sales increased to $1.42 billion versus

Mueller Industries (MLI) shares dropped 7.9% to a 4-month low after Q3 earnings missed estimates, despite a 32% revenue increase. The copper products manufacturer reported $1.14B in revenue, below expectations. According to the company, earnings were impacted by higher costs and supply chain disruptions.

Mueller Industries (MLI) stock dropped 4.3% in pre-market trading after reporting Q3 2026 earnings with diluted EPS of $1.00, below the $1.08 consensus. Net sales and income rose, but insider selling and technical indicators contributed to the decline. Analysts maintain a 'Buy' rating with a $75 target.

Mueller Industries (NYSE:MLI) reported Q3 earnings of $1.00 per share, missing estimates of $1.05, but revenue of $1.42B beat forecasts. Shares fell 4.29% pre-market. Revenue grew 31.6% YoY, driven by volume growth and price adjustments. The company increased its dividend to $0.175 per share.

Mueller Industries reported Q3 GAAP EPS of $1.00, missing estimates by $0.01, but revenue of $1.42B exceeded expectations by $140M, up 31.5% year-over-year. COMEX copper averaged $6.48 per pound, a 34.2% increase from the prior year.