MDU Resources Group (NYSE:MDU) saw its stock plummet 5.28% in the pre-market trading session on Thursday, following the company's weaker-than-expected fourth-quarter revenue and muted full-year earnings guidance.
The energy, mining, construction, and utilities company reported Q4 2024 revenue of $535.5 million, missing analyst estimates of $790.6 million by a significant margin. Despite meeting earnings per share (EPS) expectations of $0.34 for the quarter, MDU Resources' net income declined year-over-year to $55.2 million.
Additionally, the company provided full-year 2025 EPS guidance in the range of $0.88 to $0.98, missing analyst expectations. This outlook raised concerns among investors about MDU Resources' growth prospects, contributing to the stock's selloff.
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