MDU Resources Group (NYS: MDU) is expected to report Q2 earnings on Aug. 2. Here's what Wall Street wants to see.
The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict MDU Resources Group's revenues will compress -2.5% and EPS will wane -20.8%.
The average estimate for revenue is $907.7 million. On the bottom line, the average EPS estimate is $0.19.
Last quarter, MDU Resources Group reported revenue of $852.8 million. GAAP reported sales were 5.4% lower than the prior-year quarter's $901.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.19. GAAP EPS of $0.19 for Q1 were 14% lower than the prior-year quarter's $0.22 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 24.0%, 40 basis points better than the prior-year quarter. Operating margin was 8.3%, 40 basis points worse than the prior-year quarter. Net margin was 4.2%, 60 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.91 billion. The average EPS estimate is $1.15.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 241 members out of 253 rating the stock outperform, and 12 members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 54 give MDU Resources Group a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MDU Resources Group is outperform, with an average price target of $23.33.
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The article What Does Wall Street See for MDU Resources Group's Q2? originally appeared on Fool.com.
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