Consensus $3.28B. Lowers FY25 adjusted EBITDA view to $475M-$525M from $530M-$580M. “Our business fundamentals are strong, and we remain committed to our long-term goal of achieving 20% adjusted EBITDA margin,” Gray said. “Because of the slower start to the 2025 construction season – driven by weather and the decrease of available work in Oregon – as well as impacts from the July flooding in Texas, we are revising our full-year 2025 adjusted EBITDA guidance to a range of $475 million to $525 million. We remain focused on price optimization, cost control and executing on our record backlog. Our nation’s roads need repair, funding levels are at or near record levels in most of our markets and we continue to improve our business through our EDGE initiatives. Knife River (KNF) is resilient, and we believe we are well-positioned for long-term success.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KNF:
- Knife River reports Q2 EPS 89c, consensus $1.46
- 3 Best Stocks to Buy Now, 6/17/2025, According to Top Analysts
- Knife River initiated with an Outperform at RBC Capital
- Knife River management to meet with Oppenheimer
- Buy Rating for Knife River Corporation: Strategic Acquisitions and Seasonal Strengths Drive Growth Potential