WASHINGTON (dpa-AFX) - MDU Resources Group, Inc. (MDU) announced preliminary unaudited financial results for the first quarter of 2012. The company expects to report first quarter earnings of about $0.19 per share, at the upper end of the first quarter earnings guidance range provided in February. Seven analysts currently expect the company to report $0.22 per share in the first quarter.
'We are pushing the upper range of our guidance, even with some weather and pricing challenges, which is a good indication of the strength of our operations,' said Terry Hildestad, president and chief executive officer of MDU Resources.
Based on the company's projections for the remainder of 2012, annual earnings guidance is reaffirmed in the range of $1.00 to $1.25.
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