earnings
confidence high
sentiment positive
materiality 0.75
MDU Resources Q3 adjusted EPS $0.32 (+10%); raises regulated energy guidance to $180M-$185M
MDU RESOURCES GROUP INC
2024-Q3 EPS reported
$1.11
revenue$3,311,886,000
- Adjusted EPS from continuing ops $0.32 vs $0.29 a year ago; reported EPS $0.32 vs $0.37.
- Electric earnings $24.3M (+16.3%); pipeline segment record earnings $15.1M (+27%).
- Construction services earnings $41.8M (+16.1%) on revenue of $761M.
- Regulated energy delivery earnings guidance raised to $180M-$185M for 2024.
- Completed spinoff of Everus Construction Group on Oct 31; now pure-play regulated energy delivery.