Mueller Water Products (NYSE:MWA) released its 2014Q1 earnings report after the February 4 closing bell, and held its 2014Q1 conference call the next morning. The shares rallied to $9.04 (+8.3%) before leveling off to close at $8.93 (+7%). Over the next two days, the shares gave back more of the initial gain to close Friday at $8.66 (+3.7% over pre-earnings price).
The goal of this article is to review the earnings report and update various topics to supplement my prior article. In order to cover the earnings and other new information without making this article even longer, some topics relevant to the investment case are not revisited here at all.
Mueller Water Products is a manufacturer...
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