MDU Resources Group (MDU) Misses Q2 EPS by 2c, Lowers FY PES Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to MDU Resources Group (MDU) Misses Q2 EPS by 2c, Lowers FY PES Guidance

MDU Resources Reports Second Quarter Earnings and Lowers 2015 Earnings Guidance

August 3, 2015 5:46 PM EDT

Construction materials has highest second quarter earnings since 2007, with 91 percent earnings improvement on 12 percent revenue growth; record backlog of $833 million. Construction services backlog increased $108 million during second quarter, positioning for stronger 2016 despite current earnings impact related to delayed timing of backlog additions. Utility experiences warmer weather and higher operating costs; receives approval for advance determination of prudence on $220 million Thunder Spirit Wind project and has several rate cases pending. Commodity price environment results in lower refinery margins. Martin A. Fritz joins... More