Knife River Corp reports results for the quarter ended June 30 - Earnings Summary
Knife River Corp reports results for the quarter ended June 30 - Earnings Summary
Knife River Corp KNF.N reported quarterly adjusted earnings of 77 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 89 cents. The mean expectation of nine analysts for the quarter was for earnings of $1.13 per share. Wall Street expected results to range from $1.06 to $1.21 per share.
Revenue rose 12.6% to $938.60 million from a year ago; analysts expected $931.43 million.
Knife River Corp's reported EPS for the quarter was 77 cents.
The company reported quarterly net income of $43.9 million.
Knife River Corp shares had fallen by 5.8% this quarter and gained 12.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2.9% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the construction materials peer group is also "buy"
Wall Street's median 12-month price target for Knife River Corp is $105.00, about 24.9% above its last closing price of $78.84
This summary was machine generated from LSEG data August 4 at 01:32 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.13 | 0.77 | Missed |
Mar. 31 2026 | -1.40 | -1.40 | Met |
Dec. 31 2025 | 0.42 | 0.56 | Beat |
Sep. 30 2025 | 2.58 | 2.52 | Missed |
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