MDU Resources Q2 Income Advances 79%

(RTTNews) - MDU Resources (MDU) released earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $46.1 million, or $0.24 per share. This was up from $25.8 million, or $0.13 per share, in last year's second quarter.

Analysts had expected the company to earn $0.21 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.6% to $1.04 billion. This was up from $0.94 billion last year.

MDU Resources earnings at a glance:

-Earnings (Q2): $46.1 Mln. vs. $25.8 Mln. last year. -Earnings Growth (Y-o-Y): 78.7% -EPS (Q2): $0.24 vs. $0.13 last year. -EPS Growth (Y-o-Y): 84.6% -Analysts Estimate: $0.21 -Revenue (Q2): $1.04 Bln vs. $0.94 Bln last year. -Revenue Change (Y-o-Y): 10.6%

-Guidance: Full year EPS guidance: $1.00 - $1.15