MDU Resources Group
The 10-second takeaway
For the quarter ended March 31 (Q1), MDU Resources Group missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share dropped.
Gross margins improved, operating margins shrank, net margins dropped.
MDU Resources Group reported revenue of $852.8 million. The two analysts polled by S&P Capital IQ foresaw revenue of $891.2 million on the same basis. GAAP reported sales were 5.4% lower than the prior-year quarter's $901.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.19. The 10 earnings estimates compiled by S&P Capital IQ anticipated $0.21 per share. GAAP EPS of $0.19 for Q1 were 14% lower than the prior-year quarter's $0.22 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 24.0%, 40 basis points better than the prior-year quarter. Operating margin was 8.3%, 40 basis points worse than the prior-year quarter. Net margin was 4.2%, 60 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $906.9 million. On the bottom line, the average EPS estimate is $0.22.
Next year's average estimate for revenue is $3.99 billion. The average EPS estimate is $1.20.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 243 members out of 255 rating the stock outperform, and 12 members rating it underperform. Among 56 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give MDU Resources Group a green thumbs-up, and four 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 $23.33.
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 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add MDU Resources Group to My Watchlist.