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MDU Resources Group, Inc. (NYSE:MDU) Q1 2024 Earnings Call Transcript

Insider Monkey Transcripts
·2-min read

MDU Resources Group, Inc. (NYSE:MDU) Q1 2024 Earnings Call Transcript May 2, 2024

MDU Resources Group, Inc. beats earnings expectations. Reported EPS is $0.52, expectations were $0.47. MDU isn't one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).

Jeff Thiede - President and Chief Executive Officer of Everus:

Garret Senger - Chief Utilities Officer: Stephanie Sievert - Vice President, Chief Accounting Officer and Controller Rob Johnson - President of WBI Energy

Workers in hard hats installing a transformer in a power plant.
Workers in hard hats installing a transformer in a power plant.

Operator: Hello, everyone. My name is Bo and I will be your conference facilitator today. At this time, I would like to welcome everyone to the MDU Resources Group 2024 First Quarter Earnings Conference Call. [Operator Instructions] The webcast can be accessed at www.mdu.com under the Investors heading. Select Events & Presentations and click Q1 2024 Earnings Conference Call. After the conclusion of the webcast, a replay will be available at the same location. I would now like to turn the conference over to Mr. Jason Vollmer, Vice President, Chief Financial Officer and Treasurer of MDU Resources Group. Mr. Vollmer, please go ahead.

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Jason Vollmer: Thank you, Bo, and welcome, everyone, to our first quarter 2024 earnings conference call. You can find our earnings release and supplemental materials for this call on our website at www.mdu.com under the Investors tab.

Everus: During our call, we will make certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Although the company believes that its expectations are based on reasonable assumptions, actual results may differ materially. For more information about the risks and uncertainties that could cause our actual results to vary from any forward-looking statements, please refer to our most recent SEC filings. We may also refer to certain non-GAAP information. For a reconciliation of any non-GAAP information to the appropriate GAAP metric, please reference our earnings release. I will provide a consolidated financial results later during the call. But first, I'll turn the call over to Nicole for her formal remarks. Nicole?

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To continue reading the Q&A session, please click here.