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MDU Resources Profit Rises In Q2

MDU Resources (MDU) announced earnings for its second quarter that climbed from the same period last year.

The company's bottom line totaled $61.8 million, or $0.31 per share. This compares with $43.8 million, or $0.22 per share, in last year's second quarter.

Analysts had expected the company to earn $0.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 22.6% to $1.30 billion from $1.06 billion last year.

MDU Resources earnings at a glance:

-Earnings (Q2): $61.8 Mln. vs. $43.8 Mln. last year.
-EPS (Q2): $0.31 vs. $0.22 last year.
-Analysts Estimate: $0.27
-Revenue (Q2): $1.30 Bln vs. $1.06 Bln last year.

Full year EPS guidance: $1.45 - $1.60

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