earnings
confidence high
sentiment positive
materiality 0.80
MDU Resources 2024 net income $281.1M; regulated earnings up 13.6% YoY
MDU RESOURCES GROUP INC
2024-FY EPS reported
$1.37
revenue$1,757,978,000
- Net income $281.1M, diluted EPS $1.37; adjusted EPS from continuing ops $0.90 vs $0.74 prior year.
- Regulated energy delivery earnings $189.7M, up 13.6% YoY; record pipeline transportation volumes (+8.1%).
- Utility rate base grew 6.8% YoY; 2025 EPS guidance range $0.88-$0.98.
- Spinoff of Everus Construction Group completed Oct. 31, 2024; prior results restated for discontinued ops.
- CEO Nicole Kivisto cited 'exceptional results' and strategic investments.