MDU Resources Group Inc

NYSE:MDU   3:59:56 PM EDT
+0.17 (+0.53%)
Earnings Announcements

MDU Resources Announces Plan To Separate Knife River

Published: 08/04/2022 11:55 GMT
MDU Resources Group Inc (MDU) - Mdu Resources Announces Plan to Separate Knife River, Creating Two Focused, Independent Publicly Traded Companies.
Mdu Resources Group - Establishes Knife River As a Stand-alone, Aggregates-based, Vertically Integrated Construction Materials and Contracting Provider.
Mdu Resources - Expected Co's Shareholders Will Retain Their Current Shares of Co Stock and Get a Pro Rata Distribution of Shares of Knife River Stock.
Mdu Resources Group Inc - Actual Number of Shares to Be Distributed to Mdu Resources Shareholders Will Be Determined Prior to Closing.
Mdu Resources Group Inc - Transaction is Expected to Be Tax Free.
Revenue is expected to be $2.01 Billion
Adjusted EPS is expected to be $0.78

Next Quarter Revenue Guidance is expected to be $1.3 Billion
Next Quarter EPS Guidance is expected to be $0.56

More details on our Analysts Page.