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Knife River (KNF) Misses Q2 Earnings and Revenue Estimates

Knife River (KNF) came out with quarterly earnings of 0.89pershare,missingtheZacksConsensusEstimateof0.89 per share, missing the Zacks Consensus Estimate of 1.27 per share. This compares to earnings of 1.37pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof29.921.37 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -29.92%. A quarter ago, it was expected that this construction materials company would post a loss of 0.89 per share when it actually produced a loss of $1.21, delivering a surprise of -35.96%. Over the last four qua ...