Knife River Corp

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Knife River Corp reports record revenue in Q1 2024, eyes growth through strategic initiatives

Knife River Corp's Q1 2024 showcased strong revenue growth but faced profitability challenges due to increased expenses. Strategic initiatives like the Competitive EDGE plan and acquisitions signal a focus on margin improvement and market expansion, positioning the company for a promising year ahead.

Knife River Corp achieves record Q2 earnings, eyes strategic growth

Knife River Corp's Q2 2024 performance reflects strong revenue growth, margin improvement, and operational efficiency gains, surpassing key financial targets.
The company's Competitive EDGE plan and strategic initiatives have bolstered its market position, driving increased demand and securing higher-margin contracts.
While challenges in maintaining pricing momentum and achieving targeted margins exist, Knife River Corp's focus on acquisitions and growth initiatives presents promising opportunities for expansion and market leadership.

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Knife River Corp. engages in the mines aggregates and markets crushed stone, sand, gravel, and related construction materials. It operates through the following segments: Pacific, Northwest, Mountain, Central, Energy Services, and Corporate Services. Its products include ready-mix concrete, asphalt and other value-added products. The company was founded in 1917 and is headquartered in Bismarck, ND.

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) has named Robert Van Til president of its South Region, which includes aggregate, asphalt, ready-mix concrete and contracting services operations in the Bryan/College Station and Waco markets in Texas. South Region operations also include the Honey Creek quarry, northwest of Austin, Texas. Van Til, a Texas native, begins August 28. He comes to Knife River with a wealth of experience in the construction materials industry, incl.

Knife River Names Robert Van Til President of South Region

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the second quarter ended June 30, 2023. Second Quarter Financial Highlights (In millions, except per share) 2023 2022 % Change Revenue $785.2 $711.8 10% Gross profit $153.0 $103.3 48% Net income $56.8 $38.6 47%         EBITDA $125.1 $87.3 43% EBITDA margin 15.9% 12.3%           Adjusted EBITD.

Knife River Corporation Reports Second Quarter Earnings

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its second quarter 2023 earnings conference call at 10 a.m. EDT Tuesday, August 8, 2023. Financial results for the quarter will be released that morning before the NYSE market opens. A live webcast of the call, along with presentation slides, will be available in the Investors section of the Knife River website at inves.

Knife River Corporation Schedules Webcast of Second Quarter 2023 Earnings Conference Call

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MDU Resources Group

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) successfully completes its spinoff from MDU Resources Group, Inc. (NYSE: MDU); to start trading on the NYSE today.

Knife River Corporation Completes Spinoff from MDU Resources

Bank of Hawaii

NEW YORK , May 25, 2023 /PRNewswire/ -- Knife River Corp. (NYSE: KNF) will be added to the S&P MidCap 400 prior to the open of trading on Thursday, June 1 following its spin-off from S&P MidCap 400 constituent MDU Resources Group Inc. (NYSE: MDU). Effective prior to the open of trading on Friday, June 2, S&P MidCap 400 constituent Bank of Hawaii Corp. (NYSE:BOH) will replace HomeStreet Inc. (NASD:HMST) in the S&P SmallCap 600.

Knife River Set to Join S&P MidCap 400; Bank of Hawaii to Join S&P SmallCap 600

News for Knife River Corp Stock (KNF)