MDU Resources Group Inc reports results for the quarter ended in December - Earnings Summary

Mdu Resources

08/02/2024 17:21

* MDU Resources Group Inc  MDU.N  reported quarterly
adjusted
earnings of 56 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 57 cents.  The mean expectation of
three analysts for the quarter was for earnings of 49 cents per
share.  49 cents per share.
    * Revenue fell 38.9% to $1.14 billion from a year ago;
analysts
expected $1.23 billion. 
    * MDU Resources Group Inc's reported EPS for the quarter was
84
cents​.
    * The company reported quarterly net income of $170.7
million.
    * MDU Resources Group Inc shares had fallen by 0.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 9.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for MDU
Resources
Group Inc is $24.00 

This summary was machine generated from LSEG data February 8 at
05:21 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
 Dec. 31 2023      0.49           0.56           Beat
 Sep. 30 2023      0.25           0.38           Beat
 Jun. 30 2023      0.35           0.64           Beat
 Mar. 31 2023      0.20           0.23           Beat