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

Earnings data Q4 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.

Knife River Corp reports record Q3 earnings and strategic acquisitions

Knife River Corp's Q3 2024 earnings call highlighted robust financial results, driven by record revenue and profitability.
Strategic acquisitions and a focus on quality work and pricing optimization position the company for long-term growth.
While facing challenges in the Energy Services segment, Knife River remains proactive in addressing industry dynamics and pursuing opportunities.

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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.

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BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that Thomas W. Hill has been elected by Knife River's stockholders at the 2024 annual meeting of stockholders to serve on its Board of Directors. Hill brings deep construction materials knowledge and decades of corporate leadership experience to the Knife River board. He previously served on the boards for CRH plc and Summit Materials, Inc., and has been active in the aggregate, asphalt, ready-mix and contracti.

Construction Materials Veteran Thomas W. Hill Elected to Knife River Corporation Board of Directors

Here is how Knife River (KNF) and Louisiana-Pacific (LPX) have performed compared to their sector so far this year.

Is Knife River Corporation (KNF) Outperforming Other Construction Stocks This Year?

Knife River Corporation (NYSE:KNF ) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Nathan Ring - Chief Financial Officer Brian Gray - President & Chief Executive Officer Conference Call Participants Brent Thielman - D.A. Davidson Garik Shmois - Loop Capital Ian Zaffino - Oppenheimer Operator Good morning, ladies and gentlemen, and welcome to Knife River First Quarter Results Conference Call.

Knife River Corporation (KNF) Q1 2024 Earnings Call Transcript

Knife River (KNF) came out with a quarterly loss of $0.84 per share versus the Zacks Consensus Estimate of a loss of $0.80. This compares to loss of $516.50 per share a year ago.

Knife River (KNF) Reports Q1 Loss, Tops Revenue Estimates

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 first quarter ended March 31, 2024. PERFORMANCE SUMMARY     First Quarter (In millions, except per share) 2024 2023 % Change Revenue $ 329.6   $ 307.9   7 % Gross profit $ 6.5   $ 4.1   59 % Net loss $ (47.6 ) $ (41.3 ) (15 )% Net loss margin   (14.5 )%   (13.4 )%           EBITDA $ (20.6.

Knife River Corporation Reports First Quarter Financial Results

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its first quarter 2024 earnings conference call at 10 a.m. EDT Tuesday, May 7, 2024. 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 investors.

Knife River Corporation Announces First Quarter 2024 Results Conference Call

Here is how Knife River (KNF) and Masco (MAS) have performed compared to their sector so far this year.

Has Knife River Corporation (KNF) Outpaced Other Construction Stocks This Year?

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BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) today announced that it has published its first sustainability report as a stand-alone company. The report highlights the commitments Knife River has made to sustainable business practices. “At Knife River, our core values of People, Safety, Quality and the Environment guide our sustainability efforts,” said Brian Gray, Knife River President and CEO. “Our sustainability report showcases how each of these values drives our deci.

Knife River Corporation Publishes 2023 Sustainability Report

Knife River (KNF) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Recent Price Trend in Knife River (KNF) is Your Friend, Here's Why

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Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are CMPR, EZPW, GFF, KNF, MOD.

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Knife River (KNF) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Knife River (KNF) Upgraded to Strong Buy: What Does It Mean for the Stock?

Knife River (KNF) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Knife River (KNF) Is a Great Choice for 'Trend' Investors, Here's Why

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Knife River Corporation (KNF) Q4 2023 Earnings Call Transcript

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 fourth quarter and full-year ended December 31, 2023. PERFORMANCE SUMMARY   Fourth Quarter   Full-Year Ended (In millions, except per share) 2023 2022 % Change   2023 2022 % Change Revenue $646.9 $537.5 20%   $2,830.3 $2,534.7 12% Gross profit $112.5 $72.0 56%   $538.9 $360.9 49% Net inco.

Knife River Corporation Announces Fourth Quarter and Full-Year 2023 Results

Knife River's (KNF) fourth-quarter 2023 performance is expected to have benefited from pricing momentum, cost controls, and positive impacts from EDGE initiatives.

Knife River (KNF) to Report Q4 Earnings: Factors to Note

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its fourth quarter and full year 2023 earnings conference call at 1 p.m. ET Thursday, February 15, 2024. Financial results for the quarter and full year 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 th.

Knife River Corporation Announces Fourth Quarter and Full Year 2023 Results Conference Call

Investors with an interest in Building Products - Miscellaneous stocks have likely encountered both Heidelberg Materials AG Unsponsored ADR (HDELY) and Knife River (KNF). But which of these two stocks presents investors with the better value opportunity right now?

HDELY or KNF: Which Is the Better Value Stock Right Now?

Knife River Corporation has reported a 12% YoY increase in Q3'23 revenues, reaching $1.09bn. The company aims to achieve diversified revenue growth, continuous EBITDA margin improvement, and become a leading firm in its markets by 2025. Analysts have a positive sentiment towards Knife River, with a projected price target of $77.00, representing a 14.46% price increase.

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Knife River (KNF) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

News for Knife River Corp Stock (KNF)