- MDU Resources: Q2 EPS of $0.24 beats by $0.03.
- Revenue of $1.04B (+10.9% Y/Y) misses by $30M.
- Construction materials has record second quarter earnings of $33.7 million, up 67 percent driven by higher margins and 9 percent revenue growth due to higher product volumes and construction workloads.
- Construction services backlog up 18 percent to $508 million.
- Pipeline and midstream segment earnings increase with 139 percent rise in natural gas storage volumes.
- Electric utility earnings up 36 percent, driven by regulatory rate relief; natural gas distribution earnings impacted by unfavorable weather.
- Completed the exit of E&P business and sold interest in the refining business.
Forecast was for 21 cents/share earnings.
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