secwatch.observer — SEC 8-K summary
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Issuer:     Knife River Corp (KNF)
CIK:        0001955520
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001955520-24-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knife River Q2 2024: record revenue $807M, net income up 37%, raises guidance
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- Revenue $806.9M (+3% YoY); net income $77.9M (+37%); diluted EPS $1.37 (vs $1.00).
- Adjusted EBITDA $154.3M (+22%); margin expanded to 19.1% from 16.1%.
- Gross profit $176.2M (+15%), gross margin improved to 21.8% from 19.5%.
- Raised full-year revenue and adjusted EBITDA guidance.
- Trailing-twelve-month net income margin 6.9% vs 5.1% a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1955520/000195552024000037/0001955520-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1955520/000195552024000037/knf-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001955520-24-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer