MDU Resources Group Inc expected to post earnings of 35  cents a share - Earnings Preview

Mdu Resources

01/08/2023 19:37

* MDU Resources Group Inc  MDU.N   MDU  is expected to show
a fall
in quarterly revenue when it reports  results on August 3. 
    * The Bismarck North Dakota-based  company is expected to
report 
a 13.2% decrease in revenue to $1.494 billion from $1.72 billion
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MDU Resources Group
Inc
is for earnings of 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 9.0%
in the last three months. ​
    * Wall Street's median 12-month price target for MDU
Resources
Group Inc is $23.5​, above​ its last closing price of $22.12.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.20        0.20       0.23      Beat    14.2
 Dec. 31 2023  0.51        0.52       0.57      Beat    8.9
 Sep. 30 2022  0.75        0.77       0.73      Missed  -5.2​
 Jun. 30 2022  0.50        0.51       0.35      Missed  -31.5
 ​​Mar.        0.21        0.21       0.16      Missed  -25.5
 31 2022                                                
 Dec. 31 2021  0.53        0.53       0.42      Missed  -21.4​
 Sep. 30 2021  0.81        0.82       0.68      Missed  -17.5
 Jun. 30 2021  0.53        0.53       0.50      Missed  -5.5
 This summary was machine generated August 1 at 18:37 GMT.  All
figures in US dollars  unless otherwise stated