MDU Resources Group (MDU) Misses Q1 EPS by 7c, Maintains FY Guidance
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MDU Resources Reports First Quarter Earnings
May 4, 2015 5:30 PM EDTSignificantly warmer weather across service territories reduces utility business reported earnings to $29.8 million. Construction materials group narrows seasonal loss with 38 percent improvement in first quarter results, best performance since 2007. Construction services and construction materials groups have nearly $1 billion combined backlog. Pipeline group commenced operations at Dakota Prairie refinery, first U.S. refinery built in nearly 40 years. Utility group has record five-year capital investment program, which is expected to result in 11Â percent compound annual growth rate in... More
