FX.co ★ MDU Resources Affirms 2024 Financial Guidance; Updates Long-Term Earnings Outlook

MDU Resources Group, Inc. has reconfirmed its 2024 guidance information, originally provided on February 8. This guidance does not account for transactional costs or the costs related to establishing the construction services division as an independent public entity. The company plans to spinoff its construction services sector into its own public company, a process they anticipate completing by the end of 2024.

After the successful spinoff of the construction services division, MDU Resources projects a 6% to 8% compound annual growth in earnings per share over the long term.