Mueller Industries: 4Q Earnings Snapshot

Published 9:09 am Wednesday, February 5, 2020

COLLIERVILLE (AP) — Mueller Industries Inc. (MLI) on Tuesday reported fourth-quarter profit of $28.2 million.

The Collierville, Tennessee-based company said it had net income of 50 cents per share.

The copper, brass, aluminum and plastic products company posted revenue of $543.8 million in the period.

Subscribe to our free email newsletter

Get the latest news sent to your inbox

For the year, the company reported profit of $101 million, or $1.79 per share. Revenue was reported as $2.43 billion.

Mueller Industries shares have dropped slightly more than 7% since the beginning of the year. The stock has increased 10% in the last 12 months.