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0 0.00532701982835158 0.00839745486830438 0.023379698135543 0.0116528558745192 0.00273749630068071 -0.00632583604616743 -0.00884137318733348
Stock impact report

Mueller Industries Q1 Review: There May Be Short-Term Pain Ahead [Seeking Alpha]

Mueller Industries, Inc. (MLI) 
Last mueller industries, inc. earnings: 2/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: muellerindustries.com/investors
Company Research Source: Seeking Alpha
MLI's operating margin improvement was partly boosted by a one-time $41.4M gain; underlying margin gains remain solid but less dramatic. The company maintains a fortress balance sheet with $1.38B cash, no long-term debt, and ongoing share buybacks and dividend increases. I view MLI as fully valued at current prices, preferring to add below $110 or if operational performance exceeds modeled expectations amid macro uncertainty. Tomas Babkauskas/iStock via Getty Images Mueller Industries ( MLI ) recently reported its Q1 numbers, which were received very well; however, I have some doubts regarding the short-term outlook, which can muddy the performance of any company involved in any way, shape, or form within the volatile mortgage industry due to the Show less Read more
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