We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
MDU Resources (MDU) to Post Q1 Earnings: What's in Store?
Read MoreHide Full Article
MDU Resources Group, Inc. (MDU - Free Report) is set to report first-quarter 2018 results on May 2, after the market closes. In the last reported quarter, the utility company delivered a positive earnings surprise of 14.71%.
Let’s see how things are shaping up prior to the upcoming results.
Factors to Consider
MDU Resources plans to expand its customer base by 1% to 2% each year, which will have a positive impact on electric and natural gas demand.
The company will gain from the $1.2 billion combined construction backlog from 2017 and also from the rising demand for construction services.
The Zacks Consensus Estimate for earnings is currently pegged at 21 cents, an increase of 16.7% year over year.
Earnings Whispers
Our proven model shows that MDU Resources is unlikely to beat estimates because it does not have the right combination of the two key ingredients. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat estimates and MDU Resources lacks the right mix.
You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks ESP: The company has Earnings ESP of -2.44%.You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: MDU Resources carries a Zacks Rank #2.
Note that we caution against Sell-rated stocks (#4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks to Consider
MDU Resources does not have the right mix but investors can consider these stocks from the Zacks Utility Sector that have the right combination of elements to post an earnings beat this quarter.
South Jersey Industries, Inc. has an Earnings ESP of +3.47%. It sports a Zacks Rank #1 and is expected to report first-quarter 2018 earnings on May 8.
WEC Energy Group, Inc (WEC - Free Report) has an Earnings ESP of +0.58%. It carries a Zacks Rank #2 and is expected to report first-quarter 2018 earnings on May 1.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Image: Bigstock
MDU Resources (MDU) to Post Q1 Earnings: What's in Store?
MDU Resources Group, Inc. (MDU - Free Report) is set to report first-quarter 2018 results on May 2, after the market closes. In the last reported quarter, the utility company delivered a positive earnings surprise of 14.71%.
Let’s see how things are shaping up prior to the upcoming results.
Factors to Consider
MDU Resources plans to expand its customer base by 1% to 2% each year, which will have a positive impact on electric and natural gas demand.
MDU Resources Group, Inc. Price and EPS Surprise
MDU Resources Group, Inc. Price and EPS Surprise | MDU Resources Group, Inc. Quote
The company will gain from the $1.2 billion combined construction backlog from 2017 and also from the rising demand for construction services.
The Zacks Consensus Estimate for earnings is currently pegged at 21 cents, an increase of 16.7% year over year.
Earnings Whispers
Our proven model shows that MDU Resources is unlikely to beat estimates because it does not have the right combination of the two key ingredients. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat estimates and MDU Resources lacks the right mix.
You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks ESP: The company has Earnings ESP of -2.44%.You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: MDU Resources carries a Zacks Rank #2.
Note that we caution against Sell-rated stocks (#4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks to Consider
MDU Resources does not have the right mix but investors can consider these stocks from the Zacks Utility Sector that have the right combination of elements to post an earnings beat this quarter.
Spire Inc. (SR - Free Report) has an Earnings ESP of +2.99%. It carries Zacks Rank #2 and is expected to report first-quarter 2018 earnings on May 2. You can see the complete list of today’s Zacks #1 Rank stocks here.
South Jersey Industries, Inc. has an Earnings ESP of +3.47%. It sports a Zacks Rank #1 and is expected to report first-quarter 2018 earnings on May 8.
WEC Energy Group, Inc (WEC - Free Report) has an Earnings ESP of +0.58%. It carries a Zacks Rank #2 and is expected to report first-quarter 2018 earnings on May 1.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>