MDU Resources Group
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), MDU Resources Group met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share dropped significantly.
Margins dropped across the board.
MDU Resources Group logged revenue of $1.07 billion. The two analysts polled by S&P Capital IQ hoped for a top line of $1.08 billion. Sales were 2.2% higher than the prior-year quarter's $1.04 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $0.39. The eight earnings estimates compiled by S&P Capital IQ predicted $0.33 per share on the same basis. GAAP EPS of $0.32 for Q4 were 32% lower than the prior-year quarter's $0.47 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 23.9%, 50 basis points worse than the prior-year quarter. Operating margin was 11.9%, 60 basis points worse than the prior-year quarter. Net margin was 5.7%, 280 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $911.8 million. On the bottom line, the average EPS estimate is $0.24.
Next year's average estimate for revenue is $4.17 billion. The average EPS estimate is $1.31.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 242 members rating the stock outperform, and 12 members rating it underperform. Among 71 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 68 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 hold, with an average price target of $22.94.
Can your portfolio provide you with enough income to last through retirement? You'll need more than MDU Resources Group. Learn how to maximize your investment income and "Secure Your Future With 11 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add MDU Resources Group to My Watchlist.