Uncovering Potential: MDU Resources Gr's Earnings Preview

MDU Resources Gr (NYSE:MDU) is set to give its latest quarterly earnings report on Thursday, 2024-11-07. Here's what investors need to know before the announcement.

Analysts estimate that MDU Resources Gr will report an earnings per share (EPS) of $0.26.

The market awaits MDU Resources Gr's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

Last quarter the company beat EPS by $0.11, which was followed by a 2.0% drop in the share price the next day.

Here's a look at MDU Resources Gr's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.21

0.47

0.49

0.25

EPS Actual

0.32

0.52

0.48

0.29

Price Change %

-2.0%

-0.0%

2.0%

1.0%

MDU Resources Gr Share Price Analysis

Shares of MDU Resources Gr were trading at $16.46 as of November 05. Over the last 52-week period, shares are up 70.24%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on MDU Resources Gr

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding MDU Resources Gr.

A total of 2 analyst ratings have been received for MDU Resources Gr, with the consensus rating being Buy. The average one-year price target stands at $24.0, ...