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MDU Resources Group Q3 2024 Earnings Report

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$16.74 +0.09 (+0.51%)
As of 12:39 PM Eastern
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MDU Resources Group EPS Results

Actual EPS
$0.32
Consensus EPS
$0.31
Beat/Miss
Beat by +$0.01
One Year Ago EPS
$0.29

MDU Resources Group Revenue Results

Actual Revenue
$1.05 billion
Expected Revenue
$969.17 million
Beat/Miss
Beat by +$81.33 million
YoY Revenue Growth
+5.00%

MDU Resources Group Announcement Details

Quarter
Q3 2024
Time
Before Market Opens

Conference Call Resources

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MDU Resources Group Earnings Headlines

MDU Resources Group, Inc. (MDU) Stock Forecasts
The unusual signal flashing green again
Something fascinating happened in April... While a lot of Wall Street institutions were opening new positions in a falling stock, something different showed up on my screen. A special set of candles had just turned green - signaling the kind of momentum surge I'd seen only a handful of times before. What happened next? The stock soared 45% on the underlying stock in just a few weeks and 227% for anyone who traded the options. Naturally, there would have been smaller wins and those that would not have worked out, but this wasn't some penny stock or crypto play… It was ARM Holdings - a major semiconductor player that had just shed 9% of its value.
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About MDU Resources Group

MDU Resources Group (NYSE:MDU) engages in the regulated energy delivery, and construction materials and services businesses in the United States. It operates through four segments: Electric, Natural Gas Distribution, Pipeline, and Construction Services. The Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming; and operates 3,400 miles of transmission lines, 4,800 miles of distribution lines, and 82 transmission and 298 distribution substations. The Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and supplies related value-added services. The Pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. The Construction Services segment offers electrical and mechanical contracting services, including the construction and maintenance of electrical and communication wiring and infrastructure, fire suppression systems, mechanical piping, and services; transmission and distribution contracting services, comprise construction and maintenance of overhead and underground electrical, and gas and communication infrastructure; and manufactures and supplies transmission and distribution lines construction equipment and tools. It serves manufacturing, commercial, industrial, transportation, institutional, and renewable and government customers, as well as utilities. MDU Resources Group, Inc. was incorporated in 1924 and is headquartered in Bismarck, North Dakota.

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