WASHINGTON (dpa-AFX) - MDU Resources (MDU) revealed a profit for its first quarter that gained ground compared to the same period last year.
The company said its bottom line rose to $32.6 million, or $0.17 per share. This was higher than $28.6 million, or $0.11 per share, in last year's first quarter.
Analysts had expected the company to earn $0.17 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 14.3% to $985.2 million. This was up from $862.3 million last year.
MDU Resources earnings at a glance:
-Earnings (Q1): $32.6 Mln. vs. $28.6 Mln. last year. -Earnings Growth (Y-o-Y): 14.0% -EPS (Q1): $0.17 vs. $0.11 last year. -EPS Growth (Y-o-Y): 54.5% -Analysts Estimate: $0.17 -Revenue (Q1): $985.2 Mln vs. $862.3 Mln last year. -Revenue Change (Y-o-Y): 14.3%
-Guidance: Full year EPS guidance: $1.00 - $1.15
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