BISMARCK, N.D. (AP) — BISMARCK, N.D. (AP) — Knife River Corp. (KNF) on Tuesday reported a loss of $79.2 million in its first quarter.
On a per-share basis, the Bismarck, North Dakota-based company said it had a loss of $1.40.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.42 per share.
The construction materials company posted revenue of $410.1 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $386.6 million.
Knife River expects full-year revenue in the range of $3.3 billion to $3.5 billion.
_____
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
/Advanced%20Micro%20Devices%20Inc_%20logo%20on%20phone%20and%20website-by%20T_Schneider%20via%20Shutterstock.jpg)
/Intel%20Corp_%20badge%20holder-by%20hasrul_rais%20via%20Shutterstock.jpg)
/Palantir%20by%20Hiroshi-Mori-Stock%20via%20Shutterstock.jpg)
/Dell%20Technologies%20by%20Poetra_RH%20via%20Shutterstock.jpg)