MDU Resources Group Affirms FY24 Regulated Energy Delivery $170M-$180M; Everus Revenues $2.9B-$3.1B
Portfolio Pulse from Benzinga Newsdesk
MDU Resources Group has confirmed its financial outlook for FY24, projecting regulated energy delivery earnings of $170M-$180M and Everus revenues of $2.9B-$3.1B.
May 02, 2024 | 12:34 pm
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MDU Resources Group has reaffirmed its FY24 financial guidance, with expected earnings from regulated energy delivery and projected revenues for Everus.
Reaffirming financial guidance, especially with specific earnings and revenue projections, is typically viewed positively by investors as it reflects management's confidence in the company's future performance. This announcement could lead to increased investor confidence in MDU, potentially driving up the stock price in the short term.
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