MDU Resources Gr Q3 Adj. EPS $0.29 Beats $0.25 Estimate, Sales $1.00B Miss $1.02B Estimate
Portfolio Pulse from Benzinga Newsdesk
MDU Resources Gr (NYSE:MDU) reported Q3 adjusted earnings of $0.29 per share, beating the analyst consensus estimate of $0.25 by 16%. However, this is a 61.33% decrease from the same period last year. The company also reported quarterly sales of $1.00 billion, missing the analyst consensus estimate of $1.02 billion by 1.86%, and marking a 49.37% decrease from the same period last year.
November 02, 2023 | 12:40 pm
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MDU Resources Gr beat Q3 earnings estimates but reported lower sales and a significant decrease in earnings and sales compared to last year.
While MDU Resources Gr beat Q3 earnings estimates, the company reported lower sales and a significant decrease in earnings and sales compared to the same period last year. This mixed report could lead to uncertainty among investors, potentially negatively impacting the stock price in the short term.
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