MDU Resources Group Inc. (MDU), which is engaged in the regulated energy delivery, and construction materials and services businesses, Thursday reported net income of $55.2 million or $0.27 per share for the fourth quarter, lower than $170.7 million or $0.84 per share in the same quarter a year ago.
Income from continuing operations declined to $70.5 million or $0.35 per share from $136.2 million or $0.67 per share last year.
Revenue for the quarter, however, increased to $535.5 million from $499.9 million in the previous year.
For fiscal 2025, the company expects EPS in the range of $0.88 to $0.98.
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