MDU Resources Q3 adjusted EPS $0.29, up from $0.21; announces construction services spinoff

MDU RESOURCES GROUP INC

Q3 income from continuing operations $78.2M ($0.38/share) vs $42.3M ($0.21/share) YoY.
Q3 adjusted income from continuing operations $58.6M ($0.29/share) vs $42.3M ($0.21/share).
Construction services and pipeline businesses posted record Q3 earnings and EBITDA.
MDU to pursue tax-free spinoff of MDU Construction Services Group to become pure-play energy delivery business.
Electric utility serving data center; filed to serve another data center expected in 2024.

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 third quarter results: net income $74.9 million, EPS 37 cents per share. Guidance raised.

Period: third quarter
Net income: $74.9 million
EPS: 37 cents per share
Guidance: raised
Result: reported results

Exact text from the filing

MDU Resources Reports Third Quarter Earnings, Increases Guidance

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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 0000067716-23-000108

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