MDU Resources Reports Third Quarter Results with Revenue Beat and EPS Miss

MDU Resources reported third-quarter financial results characterized by a mixed performance. The company posted revenue of $347.8 million, representing a 10.4% increase year-over-year and slightly exceeding market expectations by $1.25 million. However, the company's Non-GAAP earnings per share (EPS) of $0.08 fell short of estimates by $0.02. Despite the earnings miss, MDU Resources has reaffirmed its full-year guidance, projecting annual earnings per share to fall within the range of $0.93 to $1.00.

By Gaurav Batavia, SA News Editor · Seeking Alpha ·

MDU Resources Reports Third Quarter Results with Revenue Beat and EPS Miss

Tickers: $MDU

Topics: earnings miss guidance reaffirmation revenue beat

Read the full article at Seeking Alpha

More World news