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Knife River: Q3 Earnings Snapshot
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BISMARCK, N.D. (AP) — BISMARCK, N.D. (AP) — Knife River Corp. (KNF) on Tuesday reported third-quarter profit of $137.9 million.

The Bismarck, North Dakota-based company said it had profit of $2.43 per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.59 per share.

The construction materials company posted revenue of $1.28 billion in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $1.29 billion.

Knife River expects full-year revenue in the range of $3.38 billion to $3.43 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KNF at https://www.zacks.com/ap/KNF

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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