MDU Resources Group Inc reports results for the quarter ended in January 1 - Earnings Summary

• MDU Resources Group Inc MDU.N reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended January 1, lower than the same quarter last year, when the company reported EPS of 38 cents. The mean expectation of three analysts for the quarter was for earnings of 26 cents per share. Wall Street expected results to range from 7 cents to 35 cents per share.

• Revenue rose 5% to $1.05 billion from a year ago; analysts expected $1.00 billion.

• MDU Resources Group Inc's reported EPS for the quarter was 32 cents​.

• MDU Resources Group Inc shares had risen by 11.7% this quarter and gained 54.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 25.8% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the multiline utilities peer group is "buy."

Wall Street's median 12-month price target for MDU Resources Group Inc is $17.00

This summary was machine generated from LSEG data November 7 at 05:19 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)