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

Reuters
08 May
<a href="https://laohu8.com/S/MDU">MDU Resources Group Inc</a> reports results for the quarter ended March 31 - Earnings Summary
  • MDU Resources Group Inc MDU.N reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 52 cents. The mean expectation of four analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 33 cents to 39 cents per share.

  • Revenue fell 44.4% to $674.80 million from a year ago; analysts expected $653.14 million.

  • MDU Resources Group Inc's reported EPS for the quarter was 40 cents​.

  • MDU Resources Group Inc shares had risen by 4.1% this quarter and lost 2.3% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 7% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

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 $18.50

This summary was machine generated from LSEG data May 8 at 02:26 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

Mar. 31 2025

0.36

0.40

Beat

Dec. 31 2024

0.34

0.27

Missed

Sep. 30 2024

0.26

0.32

Beat

Jun. 30 2024

0.22

0.32

Beat

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