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Mueller Industries: 1Q Earnings Snapshot

COLLIERVILLE, Tenn. (AP) _ Mueller Industries Inc. (MLI) on Tuesday reported first-quarter profit of $15.7 million.

On a per-share basis, the Collierville, Tennessee-based company said it had net income of 28 cents. Earnings, adjusted for investment costs and non-recurring costs, were 56 cents per share.

The copper, brass, aluminum and plastic products company posted revenue of $611.8 million in the period.

Mueller Industries shares have increased 34 percent since the beginning of the year. The stock has risen 14 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLI at https://www.zacks.com/ap/MLI