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Knife River Corporation (KNF)
:KNF
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.52Last Year’s EPS
1.37Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 2.71%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
The earnings call indicates a strong positive outlook with record financial expectations and successful acquisitions. However, challenges such as seasonal losses, private market slowdowns, and increased SG&A expenses are noted. The commitment to public infrastructure projects and organic growth initiatives paints a positive long-term picture.Company Guidance
During the Knife River Corporation's first quarter 2025 results conference call, the company provided guidance indicating expectations for a record year with projected revenue between $3.25 billion and $3.45 billion and adjusted EBITDA ranging from $530 million to $580 million. The first quarter showed an 8% seasonal loss, reflective of the acquisition of Strata, which is expected to contribute positively in the second quarter. The company also highlighted a step-up in SG&A expenses, with $13 million reported for the quarter, primarily due to acquisitions and business development. Additionally, Knife River forecasts high single-digit increases in aggregate volumes and ready-mix volumes for the full year, supported by strategic investments and a robust backlog, particularly in public projects, which represent 87% of the backlog. The call also noted the company's efforts in integrating recent acquisitions and its focus on operational improvements and dynamic pricing to drive margin growth.Record-Breaking Financial Guidance
Knife River is forecasting record revenue, net income, and adjusted EBITDA for the year, with consolidated revenue expectations between $3.25 billion and $3.45 billion and adjusted EBITDA between $530 million and $580 million.
Acquisition Program in Full Swing
Closed on Strata Corporation and Kalama Quarry, with additional deals in the pipeline. The acquisitions are expected to positively impact financial results starting in the second quarter.
Strong Public Infrastructure Backdrop
Public projects represent 87% of the backlog, with increased funding in several states, including a $3 billion fuel tax in Washington and over $1 billion in Idaho.
Organic Growth and EDGE Initiatives
Continued build-out of significant projects, such as the aggregates expansion in South Dakota and a new asphalt plant in Sioux Falls. The EDGE strategy focuses on driving excellence and long-term growth.
Increased Bidding Activity
Increased bidding activity compared to last year, securing public projects including three jobs totaling $170 million.
KNF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KNF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $96.91 | $91.81 | -5.26% |
Feb 13, 2025 | $97.26 | $101.42 | +4.28% |
Nov 04, 2024 | $97.47 | $89.23 | -8.45% |
Aug 06, 2024 | $70.76 | $72.87 | +2.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Knife River Corporation (KNF) report earnings?
Knife River Corporation (KNF) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Knife River Corporation (KNF) earnings time?
Knife River Corporation (KNF) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KNF EPS forecast?
KNF EPS forecast for the fiscal quarter 2025 (Q2) is 1.52.