Knife River (KNF) to Release Earnings on Monday

Knife River (NYSE:KNF - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Monday, November 4th. Analysts expect Knife River to post earnings of $2.84 per share for the quarter. Knife River has set its FY 2024 guidance at EPS.Parties that wish to listen to the company's conference call can do so using this link.

Knife River (NYSE:KNF - Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.24 by $0.13. The firm had revenue of $806.90 million for the quarter, compared to analyst estimates of $803.81 million. Knife River had a net margin of 6.88% and a return on equity of 15.73%. The firm's revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.00 EPS. On average, analysts expect Knife River to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Knife River Stock Up 2.5 %

Shares of Knife River stock traded up $2.31 during trading hours on Monday, hitting $95.76. 250,337 shares of the company's stock traded hands, compared to its average volume of 378,106. The company has a quick ratio of 1.49, a current ratio of 2.51 and a debt-to-equity ratio of 0.52. Knife River has a twelve month low of $47.89 and a twelve month high of $95.86. The stock has a 50 day simple moving average of $85.06 and a 200-day simple moving average of $78.07. The company has a market cap of $5.42 billion, a PE ratio of 30.66, a PEG ratio of 2.26 and a beta of 0.82.

Analyst Upgrades and Downgrades

Separately, Oppenheimer upped their target price on Knife River from $85.00 to $110.00 and gave the company an "outperform" rating in a research report on Monday, October 21st. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, Knife River currently has a consensus rating of "Moderate Buy" and an average price target of $86.60.

Knife River Company Profile

Knife River Corporation, together with its subsidiaries, provides aggregates- led construction materials and contracting services in the United States. It operates through Pacific, Northwest, Mountain, Central, and Energy Services segments. The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete.