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Knife River (KNF) Reports Q2 Earnings: What Key Metrics Have to Say

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Knife River (KNF - Free Report) reported $938.6 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 12.6%. EPS of $0.77 for the same period compares to $0.89 a year ago.

The reported revenue represents a surprise of +1.61% over the Zacks Consensus Estimate of $923.71 million. With the consensus EPS estimate being $1.11, the EPS surprise was -30.63%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Knife River performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Average selling price - Aggregates: $19.41 million compared to the $19.9 million average estimate based on two analysts.
  • Average selling price - Ready-mix concrete: $198.45 million versus the two-analyst average estimate of $202.25 million.
  • Sales Volumes - Asphalt: 2,030.00 K ton compared to the 1,712.50 K ton average estimate based on two analysts.
  • Sales Volumes - Ready-mix concrete (cubic yards): 1,193.00 K ton versus 1,277.00 K ton estimated by two analysts on average.
  • Sales Volumes - Aggregates: 10,031.00 K ton versus the two-analyst average estimate of 9,262.50 K ton.
  • Revenue- Contracting services: $406.5 million versus the three-analyst average estimate of $366.74 million.
  • Revenues- Aggregates: $194.7 million versus the three-analyst average estimate of $188.46 million.
  • Revenues- Ready-mix concrete: $236.7 million versus the three-analyst average estimate of $260.68 million.
  • Revenues- Asphalt: $133.5 million compared to the $115.13 million average estimate based on three analysts.
  • Revenues- Internal sales: $-207.9 million compared to the $-174 million average estimate based on three analysts.
  • Revenues- Liquid asphalt: $91.4 million versus the two-analyst average estimate of $82.5 million.
  • Revenues- Other: $83.7 million versus the two-analyst average estimate of $81.5 million.

View all Key Company Metrics for Knife River here>>>

Shares of Knife River have returned -7.3% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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