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MDU Resources Announces Rise In Q3 Earnings

MDU Resources (MDU) reported a profit for its third quarter that rose from last year.

The company's profit came in at $137.6 million, or $0.69 per share. This compares with $107.3 million, or $0.55 per share, in last year's third quarter.

Analysts had expected the company to earn $0.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.9% to $1.56 billion from $1.28 billion last year.

MDU Resources earnings at a glance:

-Earnings (Q3): $137.6 Mln. vs. $107.3 Mln. last year.
-EPS (Q3): $0.69 vs. $0.55 last year.
-Analysts Estimate: $0.61
-Revenue (Q3): $1.56 Bln vs. $1.28 Bln last year.

Full year EPS guidance: $1.50 - $1.60

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