MDU Resources Q2 GAAP EPS $0.64 vs $0.35 YoY; raises guidance

MDU RESOURCES GROUP INC

2023-Q2 EPS reported $0.83 revenue$2,521,224,000

Q2 2023 GAAP net income $130.7M ($0.64 EPS) versus $70.7M ($0.35 EPS) in Q2 2022.
Q2 adjusted income from continuing ops $60.0M ($0.29 EPS) versus $36.1M ($0.18 EPS) year ago.
Completed spinoff of approximately 90% of Knife River Corporation shares on May 31, 2023.
First-half 2023 GAAP net income $169.0M ($0.83 EPS) versus $102.4M ($0.50 EPS) in same period 2022.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MDU RESOURCES GROUP INC reported Second Quarter 2023 results: net income $130.7 million, EPS 64 cents per share. Guidance raised.

Period: Second Quarter 2023
Net income: $130.7 million
EPS: 64 cents per share
Guidance: raised
Result: reported results

Exact text from the filing

MDU Resources Reports Higher Second Quarter Earnings, Increases Guidance BISMARCK, N.D. — Aug. 3, 2023 — MDU Resources Group, Inc. (NYSE: MDU) today reported second quarter earnings on a generally accepted accounting principles (GAAP) basis of $130.7 million, or 64 cents per share, compared to second quarter 2022 GAAP earnings of $70.7 million, or 35 cents per share.

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35 earnings releases filed in the last 30 days. Browse all earnings releases →

MDU RESOURCES GROUP INC filing history →

Source: SEC EDGAR

accession 0000067716-23-000091

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