MDU To Spin Off Knife River -- August 4, 2022

Press release.

To spin off Knife River: link here.

Earnings: press release.

• EPS: 35 cents/share vs 49 cents estimate
• GAAP EPS misses by 11 cents; link here.
• full year guidance, $1.75 to $1.90 vs estimate of $2.01
  
• revenue: xxx vs $1.52 billion estimate