13.03.2024 13:56:31 - dpa-AFX: MDU Resources Affirms 2024 Financial Guidance; Updates Long-Term Earnings Outlook
WASHINGTON (dpa-AFX) - MDU Resources Group, Inc. (MDU) affirmed its 2024
guidance information, which was previously provided Feb. 8. The company noted
that guidance does not include transaction costs or costs associated with
standing up the construction services business as a separate public company. The
announced tax-free spinoff of its construction services business is expected to
be complete in late 2024.
Following the spinoff of the construction services business, MDU Resources
expects 6% to 8% long-term compound annual growth on earnings per share.
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