MDU Resources posts Q3 income from continuing operations of $18.4 million
MDU Resources Group Inc. reported third quarter 2025 net income of $18.4 million, compared to $64.6 million for the same period in 2024. Earnings per share for the quarter were $0.09, versus $0.32 a year earlier. Income from continuing operations rose to $18.4 million from $15.6 million, with diluted earnings per share from continuing operations at $0.09, up from $0.08. For the nine months ended September 30, 2025, net income was $114.1 million, down from $225.9 million in 2024, while income from continuing operations increased to $115.0 million from $110.6 million. The company narrowed its 2025 earnings guidance to $0.90 to $0.95 per share. During the quarter, MDU Resources completed the spinoff of Everus as an independent, publicly-traded company. The pipeline segment saw an 11.3% increase in earnings, while the utility customer growth rate was 1.5%. Electric segment earnings declined due to higher operation and maintenance expenses.
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