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

Mdu Resources

04/05/2023 15:27

* MDU Resources Group Inc  MDU.N  reported quarterly
adjusted
earnings of 23 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue rose 22.6% to $1.74 billion from a year ago;
analysts
expected $1.38 billion. 
    * MDU Resources Group Inc's reported EPS for the quarter was
23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 17.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * MDU Resources Group Inc shares had fallen by 6.0% this
quarter and lost 5.6% so far this year.
    * The company reported quarterly net income of $38.3
million.
    * Wall Street's median 12-month price target for MDU
Resources
Group Inc is $33.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 02:27 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.20           0.23           Beat
 Dec. 31 2022      0.52           0.57           Beat
 Sep. 30 2022      0.77           0.73           Missed
 Jun. 30 2022      0.51           0.35           Missed