MDU Resources' Q3 Adjusted Earnings, Revenue Rise

MT Newswires Live11-07

MDU Resources Group (MDU) reported Q3 adjusted earnings from continuing operations Thursday of $0.32 per diluted share, compared with $0.29 a year earlier.

Two analysts surveyed by Capital IQ expected $0.21.

Operating revenue for the quarter ended Sept. 30 was $1.05 billion, compared with $1 billion a year earlier. Two analysts surveyed by Capital IQ expected $1 billion.

For 2024, MDU Resources raised its earnings outlook for its regulated energy delivery businesses to between $180 million and $185 million from a prior guidance of $170 million to $180 million.

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