earnings
confidence high
sentiment positive
materiality 0.65
MDU Resources reports 2025 continuing ops income up 5.7% YoY; guides 2026 EPS $0.93–$1.00
MDU RESOURCES GROUP INC
2025-FY EPS
reported $0.93
vs consensus $0.36
▲ beat
(+156.0%)
- Net income from continuing ops $191.4M (diluted EPS $0.93) vs $181.1M in 2024; total net income $190.4M.
- 2026 EPS guidance $0.93–$1.00; capital plan $560M; long-term EPS growth target 6%–8%.
- Utility rate base grew 16% YoY including 49% stake in Badger Wind Farm placed in service Dec. 31, 2025.
- Pipeline segment record earnings $68.2M; Minot Expansion Project in-service Nov. 2025.
- Completed Dec. 2025 follow-on offering of ~11.7M shares at $19.70 to fund near-term capital.