MDU Resources reports Q3 EPS 9c, consensus 11c

Reports Q3 revenue $315.1M vs. $289.6M last year. “We continue to execute on our long-term strategy as a regulated energy delivery company, with results that demonstrate the strength of our diversified utility and pipeline portfolio,” said CEO Nicole Kivisto. “Income from continuing operations is up, driven by customer growth projects and rate recovery across multiple jurisdictions, partially offset by increased payroll and outage-related costs. Our teams continue to advance key projects such as the Line Section 32 Expansion Project, our ownership interest in Badger Wind and rate case proceedings that we believe position MDU Resources (MDU) for consistent, long-term value creation. We remain focused on disciplined execution and delivering safe and reliable energy to the communities we serve.”