MDU Resources Group (NYSE: MDU ) is expected to report Q2 earnings on Aug. 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict MDU Resources Group's revenues will grow 6.6% and EPS will expand 38.9%.
The average estimate for revenue is $1.03 billion. On the bottom line, the average EPS estimate is $0.25.
Last quarter, MDU Resources Group logged revenue of $931.6 million. GAAP reported sales were 9.2% higher than the prior-year quarter's $852.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.28. GAAP EPS of $0.30 for Q1 were 58% higher than the prior-year quarter's $0.19 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 26.9%, 290 basis points better than the prior-year quarter. Operating margin was 11.2%, 290 basis points better than the prior-year quarter. Net margin was 6.1%, 190 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $4.30 billion. The average EPS estimate is $1.36.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 238 members out of 252 rating the stock outperform, and 14 members rating it underperform. Among 70 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 67 give MDU Resources Group a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MDU Resources Group is outperform, with an average price target of $25.67.
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