Knife River Corp expected to post a loss of 86 cents a share - Earnings Preview

Knife River

03/05/2024 17:01

* Knife River Corp  KNF.N   KNF  is expected to report
resultson
May 7 for the period ending March 31 2024
    * The Bismarck North Dakota-based  company is expected to
report
revenue of $300.984 million, according to the mean estimate from
5 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Knife River Corp is for
a loss
of 86 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Knife River
Corp
is $83.00​, above​ its last closing price of $78.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.16        0.16       0.36      Beat    121.5
 Sep. 30 2023  1.86        1.86       2.58      Beat    38.5
 Jun. 30 2023  0.58        0.58       1.00      Beat    72.4​
 ​​                                                     
                                                        ​
 This summary was machine generated May 3 at 16:01 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)