Knife River shares are trading higher after the company reported a year-over-year increase in Q3 EPS results, better-than-expected Q3 sales results and raised FY23 guidance.
Portfolio Pulse from Benzinga Newsdesk
Knife River reported a year-over-year increase in Q3 EPS results, better-than-expected Q3 sales results and raised FY23 guidance. This has led to a rise in the company's share prices.
November 06, 2023 | 5:03 pm
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Knife River's better-than-expected Q3 results and raised FY23 guidance have led to a rise in its share prices.
Knife River's Q3 results exceeded expectations, and the company also raised its FY23 guidance. This positive financial performance is likely to increase investor confidence, leading to a rise in the company's share prices in the short term.
CONFIDENCE 90
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