MDU Resources Group, Inc. announced its second quarter 2025 financial results, showing a decline in net income and diluted EPS compared to the prior year. The company's performance was impacted by higher operation and maintenance expenses and warmer weather, particularly affecting the natural gas distribution segment. However, the pipeline segment demonstrated solid performance with increased transportation revenue, and the electric utility segment saw a significant increase in retail sales volumes driven by data center demand. The company narrowed its full-year earnings guidance.
Net income for the second quarter of 2025 was $13.7 million, a significant decrease from $60.4 million in the same period last year.
Diluted earnings per share for the quarter were $0.07, down from $0.30 in the second quarter of 2024.
Electric retail sales volumes increased by 12.0% year-over-year, largely due to demand from data centers.
The company narrowed its 2025 earnings guidance to $0.88 to $0.95 per share, while maintaining its long-term EPS growth rate expectation of 6%-8%.
MDU Resources is narrowing its full-year 2025 earnings guidance to $0.88 to $0.95 per share, reflecting midyear performance and impacts from weather. The long-term EPS growth rate guidance remains unchanged at 6%-8%.
Analyze how earnings announcements historically affect stock price performance