Knife River (NYSE:KNF) Posts Earnings Results, Misses Expectations By $0.32 EPS

Knife River (NYSE:KNF - Get Free Report) issued its earnings results on Tuesday. The company reported ($1.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.89) by ($0.32), Zacks reports. The company had revenue of $353.50 million during the quarter, compared to analyst estimates of $343.98 million. Knife River had a return on equity of 14.82% and a net margin of 6.96%. The company's quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the company posted ($0.84) earnings per share. Knife River updated its FY 2025 guidance to EPS.

Knife River Price Performance

KNF traded down $1.35 during midday trading on Friday, hitting $92.02. The company had a trading volume of 65,494 shares, compared to its average volume of 426,549. The company has a market capitalization of $5.21 billion, a PE ratio of 25.99, a P/E/G ratio of 2.36 and a beta of 0.96. Knife River has a twelve month low of $66.13 and a twelve month high of $108.83. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.64 and a current ratio of 2.67. The firm's 50-day simple moving average is $91.24 and its 200-day simple moving average is $97.20.

Analyst Ratings Changes

Several research firms have issued reports on KNF. Wells Fargo & Company began coverage on Knife River in a research note on Monday, March 10th. They set an "overweight" rating and a $102.00 price objective for the company. Stephens reissued an "overweight" rating and set a $120.00 price target on shares of Knife River in a report on Friday, February 14th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $110.40.

Knife River Company Profile

Knife River Corporation, together with its subsidiaries, provides aggregates- led construction materials and contracting services in the United States. It operates through Pacific, Northwest, Mountain, Central, and Energy Services segments. The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete.