Mueller Industries Shares First Quarter Earnings Report

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Mueller Industries Inc. 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.

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