MDU Resources Group Inc reports results for the quarter ended June 30 - Earnings Summary

• MDU Resources Group Inc MDU.N reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of three analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 10 cents to 15 cents per share.

• Revenue fell 66.5% to $351.20 million from a year ago; analysts expected $302.97 million.

• MDU Resources Group Inc's reported EPS for the quarter was 7 cents​.

• MDU Resources Group Inc shares had risen by 4.9% this quarter and lost 2.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the multiline utilities peer group is also "buy"

• Wall Street's median 12-month price target for MDU Resources Group Inc is $19.00, about 7.9% above its last closing price of $17.49

This summary was machine generated from LSEG data August 7 at 05:54 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)