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home / news releases / MDU - MDU Resources Non-GAAP EPS of $0.23 beats by $0.03 revenue of $1.74B beats by $360M


MDU - MDU Resources Non-GAAP EPS of $0.23 beats by $0.03 revenue of $1.74B beats by $360M

2023-05-04 08:29:15 ET

  • MDU Resources press release ( NYSE: MDU ): Q1 Non-GAAP EPS of $0.23 beats by $0.03 .
  • Revenue of $1.74B (+22.5% Y/Y) beats by $360M .
  • Because of the strategic initiatives that MDU Resources has underway, the company is providing guidance for 2023 by business. For 2023, MDU Resources expects:

    • Earnings from its regulated energy delivery businesses in the range of $140 million to $150 million.
    • Construction services revenues of $2.80 billion to $3.00 billion in 2023, with slightly higher margins compared to 2022, and EBITDA of $200 million to $225 million.
    • Construction materials revenues of $2.50 billion to $2.70 billion in 2023, with higher margins compared to 2022, and EBITDA of $300 million to $350 million.

For further details see:

MDU Resources Non-GAAP EPS of $0.23 beats by $0.03, revenue of $1.74B beats by $360M
Stock Information

Company Name: MDU Resources Group Inc.
Stock Symbol: MDU
Market: NYSE
Website: mdu.com

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