MDU Resources Group Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
06 Feb
<a href="https://laohu8.com/S/MDU">MDU Resources Group Inc</a> reports results for the quarter ended December 31 - Earnings Summary
  • MDU Resources Group Inc MDU.N reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 56 cents. The mean expectation of four analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 29 cents to 38 cents per share.

  • Revenue fell 52.8% to $535.50 million from a year ago; analysts expected $790.56 million.

  • MDU Resources Group Inc's reported EPS for the quarter was 34 cents​.

  • The company reported quarterly net income of $70.5 million.

  • MDU Resources Group Inc shares had fallen by 0.2% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 11.5% 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."

  • The average consensus recommendation for the multiline utilities peer group is also "buy"

Wall Street's median 12-month price target for MDU Resources Group Inc is $19.00

This summary was machine generated from LSEG data February 6 at 02:31 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 2024

0.34

0.27

Missed

Sep. 30 2024

0.26

0.32

Beat

Jun. 30 2024

0.22

0.32

Beat

Mar. 31 2024

0.47

0.52

Beat

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