Knife River Corp expected to post earnings of $1.24 a share - Earnings Preview

Knife River

02/08/2024 15:44

* Knife River Corp  KNF.N   KNF  is expected to show a rise
in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Bismarck North Dakota-based  company is expected to
report a
2.4% increase in revenue to $803.814 million from $785.2 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Knife River Corp is for
earnings of $1.24 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Knife River
Corp
is $87.00​, above​ its last closing price of $76.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.86       -0.86      -0.84     Beat    2.6
 Dec. 31 2024  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 August 2 at 14:44 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)