MDU Resources Group Inc expected to post earnings of 49 cents a share - Earnings Preview

Mdu Resources

06/02/2024 14:06

* MDU Resources Group Inc  MDU.N   MDU  is expected to show
a fall
in quarterly revenue when it reports  results on February 8 for
the period ending December 31 2023
    * The Bismarck North Dakota-based  company is expected to
report a
33.8% decrease in revenue to $1.231 billion from $1.86 billion a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for MDU Resources Group Inc
is for
earnings of 49 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MDU
Resources
Group Inc is $24.00​, above​ its last closing price of $19.38.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.25        0.25       0.38      Beat    51.6
 Jun. 30 2023  0.36        0.35       0.64      Beat    82.7
 Mar. 31 2023  0.20        0.20       0.23      Beat    14.2​
 Dec. 31 2022  0.51        0.52       0.57      Beat    8.9
 ​​Sep.        0.75        0.77       0.73      Missed  -5.2
 30 2022                                                
 Jun. 30 2022  0.50        0.51       0.35      Missed  -31.5​
 Mar. 31 2022  0.21        0.21       0.16      Missed  -25.5
 Dec. 31 2021  0.53        0.53       0.42      Missed  -21.4
 This summary was machine generated February 6 at 14:06 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)