Mueller Water Products ( MWA - Free Report ) came out with quarterly earnings of $0.15 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this maker of fire hydrants, pipes and water valves would post earnings of $0.08 per share when it actually produced earnings of $0.13, delivering a surprise of 62.50%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Mueller Water Products, which belongs to the Zacks Steel - Pipe and Tube industry, posted revenues of $310.5 million for the quarter ended March 2022, surpassing the Zacks Consensus Estimate by 5.43%. This compares to year-ago revenues of $267.5 million. The company has topped consensus revenue estimates three times over the last four quarters.