Knife River (KNF) Expected to Post Earnings on Tuesday

Key Points

• Knife River is expected to report Q3 2026 results before market open on Tuesday, November 3. Analysts forecast earnings of $2.62 per share on $1.30 billion in revenue; the earnings call is scheduled for 11:00 a.m. ET.
• The company’s previous quarter fell short of earnings expectations, reporting $0.77 EPS versus the $1.13 consensus, although revenue rose 12.6% year over year to $938.6 million.
• Investor sentiment is mixed: KNF recently traded at $52.88, well below its 52-week high of $96.28, while analysts maintain a consensus “Hold” rating and a $69.29 target price.

Knife River (NYSE:KNF - Get Free Report) is projected to post its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect Knife River to announce earnings of $2.62 per share and revenue of $1.30 billion for the quarter. Individuals can check the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 11:00 AM ET.

Knife River (NYSE:KNF - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates of $1.13 by ($0.36). Knife River had a net margin of 4.23% and a return on equity of 8.73%. The business had revenue of $938.59 million for the quarter, compared to the consensus estimate of $931.39 million. During the same quarter in the prior year, the business posted $0.89 EPS. The firm's revenue for the quarter was up 12.6% compared to the same quarter last year. On average, analysts expect Knife River to post $2.55 EPS for the current fiscal year and $3.05 EPS for the next fiscal year.

Knife River Stock Down 0.4%

KNF stock opened at $52.88 on Tuesday. The company has a current ratio of 2.66, a quick ratio of 1.60 and a debt-to-equity ratio of 1.00. Knife River has a 1 year low of $47.79 and a 1 year high of $96.28. The company has a fifty day simple moving average of $56.80 and a 200 day simple moving average of $74.62. The firm has a market cap of $3.00 billion, a PE ratio of 21.68, a PEG ratio of 1.24 and a beta of 0.46.

Wall Street Analysts Forecast Growth

KNF has been the topic of several recent research reports. Stephens set a $80.00 target price on Knife River in a report on Wednesday, August 5th. JPMorgan Chase & Co. decreased their price target on Knife River from $73.00 to $63.00 and set an "underweight" rating for the company in a research note on Tuesday, October 13th. Citigroup downgraded Knife River to a "cautious" rating in a research note on Wednesday, September 9th. Wall Street Zen lowered Knife River from a "hold" rating to a "sell" rating in a report on Saturday, August 8th. Finally, Zacks Research raised Knife River from a "strong sell" rating to a "hold" rating in a research note on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $69.29.

Knife River Company Profile

Knife River Corporation is a construction materials and contracting company headquartered in Bismarck, North Dakota. The company produces and sells construction aggregates, asphalt, ready-mix concrete and cement, and also provides related construction services for transportation, commercial, residential and industrial projects.

Its operations include aggregate mining and processing, asphalt and concrete production, paving, site development and other heavy-construction activities. Knife River serves public-sector and private-sector customers, including state and local governments, contractors, commercial developers and industrial businesses.

Knife River became an independent publicly traded company in 2023 after being spun off from MDU Resources Group.

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