PERFORMANCE SUMMARY KNIFE RIVER CORPORATION REPORTS SECOND QUARTER FINANCIAL RESULTS Achieved record second quarter revenue, net income and adjusted EBITDA Continued to improve margins toward long-term goals Raised guidance on revenue and adjusted EBITDA BISMARCK, N.D. — August 6, 2024 — Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the second quarter ended June 30, 2024. Second Qua ...

Investors looking for stocks in the Building Products - Miscellaneous sector might want to consider either Knife River (KNF) or James Hardie (JHX) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels. Another notable valuation metric for KNF is its P/B ratio of 3 ...

Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price leve ...

A downtrend has been apparent in Knife River (KNF) lately with too much selling pressure. The stock has declined 15% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. How to Determine if a Stock is Oversold So, by this measure, if a stock has gotten too far below its fair value just because of unwarr ...

Investors interested in stocks from the Building Products - Miscellaneous sector have probably already heard of Knife River (KNF) and James Hardie (JHX) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and es ...

Core Viewpoint - Knife River (KNF) is experiencing significant selling pressure, having declined 9.6% over the past four weeks, but is now positioned for a potential trend reversal as it is in oversold territory, supported by analysts predicting better earnings than previously expected [1]. Group 1: Stock Performance and Indicators - The stock's Relative Strength Index (RSI) reading is at 29.61, indicating it is in oversold territory, which suggests a potential for a trend reversal [5]. - A stock is generally considered oversold when its RSI falls below 30, making it a useful indicator for identifying potential entry points for investors [2][3]. Group 2: Earnings Estimates and Analyst Consensus - Over the last 30 days, the consensus earnings per share (EPS) estimate for KNF has increased by 0.6%, indicating a positive trend in earnings revisions [6]. - There is strong agreement among sell-side analysts regarding the upward revision of earnings estimates, which typically correlates with price appreciation in the near term [6]. Group 3: Zacks Rank and Market Position - KNF holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate trends and EPS surprises, further supporting the potential for a turnaround [7].

This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.' There has been an upward trend in earnings estimate revisions for KNF lately, which can certainly be considered a bullish indicator ...

Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Knife River (KNF) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.Knife River is one of 95 companies in the Construction group. The Construction group currently s ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Commission file number 1-41642 Knife River Corporation (Exact name of registrant as specified in its charter) Delaware 92-1008893 (State ...

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. At this time, all lines are in a listen-only mode. Following the presentation, we will ...