The earnings call highlighted significant growth in adjusted earnings per share and record performance in the pipeline segment, alongside strategic investments for future growth. However, there were notable declines in GAAP earnings and natural gas segment performance, along with impacts from non-recurring items and dissynergies.
Company Guidance
During the MDU Resources Group Year-End 2024 Earnings Conference Call, the company provided comprehensive guidance and financial metrics for 2025. MDU Resources reported adjusted earnings per share from continuing operations of $0.90 for 2024, a 22% increase year-over-year, driven by a 45% rise in earnings from the pipeline segment due to record transportation volumes and increased storage revenue. The electric utility segment also saw growth, largely from rate relief, while the utility's combined retail customer base grew by 1.4%, and rate base growth was 6.8%. For 2025, MDU anticipates earnings per share guidance in the range of $0.88 to $0.98, reflecting strong performance across segments and accounting for approximately $0.04 per share impact from nonrecurring items and dissynergies from spin-offs. The company projects a capital investment of $3.1 billion over the next five years with anticipated utility rate base growth of 7% to 8% and long-term EPS growth of 6% to 8%. Additionally, MDU highlighted ongoing regulatory activities, including various rate cases, and emphasized its strategy to maintain a capital-light business model to support customer growth cost-effectively.
Adjusted Earnings Per Share Growth
Adjusted earnings per share from continuing operations increased 22% year-over-year to $0.90 per share.
Pipeline Segment Record Earnings
The pipeline segment achieved record earnings in 2024, with a 45% increase year-over-year, driven by record transportation volumes and increased storage revenue.
Utility Customer Base Growth
The utility segment saw a 1.4% increase in the combined retail customer base, with a 6.8% rate base growth in 2024.
Capital Investment Plans
MDU Resources anticipates a capital investment of $3.1 billion over the next five years, with 7% to 8% utility rate base growth and 1% to 2% annual customer growth.
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Mdu Resources Group (MDU) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
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MDU Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 06, 2025
$17.99
$16.93
-5.89%
Nov 07, 2024
$16.83
$17.39
+3.33%
Aug 08, 2024
$13.91
$13.66
-1.80%
May 02, 2024
$13.53
$13.65
+0.89%
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.
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FAQ
When does Mdu Res (MDU) report earnings?
Mdu Res (MDU) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Mdu Res (MDU) earnings time?
Mdu Res (MDU) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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