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

Mdu Resources

03/08/2023 18:06

* MDU Resources Group Inc  MDU.N  reported quarterly
adjusted
earnings of 64 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 35 cents per share.
    * Revenue fell 36.6% to $1.09 billion from a year ago;
analysts
expected $1.49 billion. 
    * MDU Resources Group Inc's reported EPS for the quarter was
64
cents​.
    * The mean earnings estimate of analysts had fallen by
about 29.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * MDU Resources Group Inc shares had risen by 6.4% this
quarter and gained 7.0% so far this year.
    * The company reported quarterly net income of $130.7
million.
    * Wall Street's median 12-month price target for MDU
Resources
Group Inc is $24.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 05:06 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.35           0.64           Beat
 Mar. 31 2023      0.20           0.23           Beat
 Dec. 31 2022      0.52           0.57           Beat
 Sep. 30 2022      0.77           0.73           Missed