MDU Resources Group (MDU) Tops Q1 EPS by 2c

MDU Resources Group (NYSE: MDU) reported Q1 EPS of $0.22, $0.02 better than the analyst estimate of $0.20. Revenue for the quarter came in at $976.3 million versus the consensus estimate of $972.48 million.

GUIDANCE:

MDU Resources Group sees Q2 2018 EPS of $1.25-$1.45.

• Normal operating conditions and weather conditions, including precipitation and temperatures, across all service areas.
• No significant acquisitions or divestitures.
• Investing $631 million for capital projects.
• Construction services revenues in the range of $1.45 billion to $1.60 billion and construction materials revenues in the range of $1.8 billion to $1.9 billion with margins comparable or slightly higher than 2017.

For earnings history and earnings-related data on MDU Resources Group (MDU) click here.

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