MDU Resources (MDU) Q1 Earnings Increase Y/Y, Sales Decline
- MDU reported Q1 2024 operating earnings per share of 52 cents, up 20.9%. - Total revenues net sales decreased 15.1% to $1.21 billion. - MDU rebranded its construction services business in preparation for a tax-free spin-off. - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings
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