Knife River reports Q4 EPS 41c, consensus 34c

Reports Q4 revenue $657.2M, consensus $652.3M. “For the second consecutive year, we delivered record financial results – a testament to our 6,000 team members and their commitment to our Competitive EDGE strategy,” said Brian Gray, Knife River (KNF) President and CEO. “We achieved record full-year revenue, net income and adjusted EBITDA. We also improved our adjusted EBITDA margin for the year to a record 16 percent, continuing our progress toward our long-term goal of exceeding 20 percent.