Mueller Industries Announces 46% Advance In Q3 Bottom Line

(RTTNews) - Mueller Industries (MLI) reported a profit for its third quarter that gained ground from last year.

The company said its bottom line advanced to $25.98 million, or $0.45 per share. This was higher than $17.80 million, or $0.31 per share, in last year's third quarter.

The company said revenue for the quarter fell 5.3% to $506.58 million. This was down from $535.18 million last year.

Mueller Industries earnings at a glance:

-Earnings (Q3): $25.98 Mln. vs. $17.80 Mln. last year. -Earnings Growth (Y-o-Y): 46.0% -EPS (Q3): $0.45 vs. $0.31 last year. -EPS Growth (Y-o-Y): 45.2% -Revenue (Q3): $506.58 Mln vs. $535.18 Mln last year. -Revenue Change (Y-o-Y): -5.3%