Mueller Industries, Inc. (MLI)

Mueller Industries’ revenue topped consensus while EPS trailed, based on preliminary results for the third fiscal quarter of 2026 (reported October 20, 2026). Revenue rose 31.6% to about $1.4 billion (up from roughly $1.1 billion a year ago), led by Piping Systems at about $935.6 million, up 27.3% year over year, alongside Industrial Metals revenue of roughly $349.2 million, up 31.4%, while Climate reached about $143.2 million, up 4.4%. On expectations, revenue of $1.419 billion topped the $1.285 billion estimate (+10.4%), but EPS of $1.00 trailed the $1.08 estimate (-7.4%) and was up from $0.94 a year ago. Profitability included gross profit of about $361.4 million with gross margin near 26%, and operating income of roughly $281.6 million as operating margin held around 20%. Net income increased 6.3% to about $221.2 million (up from roughly $208.1 million a year ago), while operating cash flow came in at about $629.2 million, and the company paid roughly $70.4 million in dividends. For the next period, consensus calls for EPS of $0.93 on revenue of $1.168 billion.