MDU Resources Reports Q2 2025 Results: Net Income Drops to $13.7 Million, EPS Falls to $0.07; 2025 EPS Guidance Narrowed to $0.88-$0.95
Reuters
Aug 07
MDU Resources Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Net Income Drops to $13.7 Million, EPS Falls to $0.07; 2025 EPS Guidance Narrowed to $0.88-$0.95
MDU Resources Group Inc. reported its financial results for the second quarter of 2025. The company recorded a net income of $13.7 million, a significant decrease from the $60.4 million reported in the same period of 2024. Earnings per share for the quarter stood at $0.07, down from $0.30 in the previous year. Income from continuing operations was $14.1 million, compared to $20.2 million in the second quarter of 2024. For the first half of 2025, net income amounted to $95.7 million, a decline from the $161.3 million reported in the same period of 2024. Earnings per share for the six-month period were $0.47, compared to $0.79 in 2024. Income from continuing operations for the six months was $96.6 million, slightly up from $95.0 million in the previous year. Despite weather and operating cost challenges that impacted the second quarter results, the company continues to invest in infrastructure and advance rate proceedings across multiple jurisdictions. MDU Resources has narrowed its full-year earnings guidance, now expecting earnings per share to range between $0.88 and $0.95. The company anticipates continued growth in its utility customer base at a rate of 1%-2% annually.
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