Knife River (KNF) Q3 Earnings and Revenues Surpass Estimates

Core Insights - Knife River reported quarterly earnings of $2.52 per share, exceeding the Zacks Consensus Estimate of $2.45 per share, but down from $2.6 per share a year ago, representing an earnings surprise of +2.86% [1] - The company posted revenues of $1.2 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.80% and up from $1.11 billion year-over-year [2] - Knife River has underperformed the market, with shares down approximately 39.9% year-to-date compared to the S&P 500's gain of 16.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.38 on revenues of $730.6 million, and for the current fiscal year, it is $2.75 on revenues of $3.11 billion [7] - The earnings outlook is critical for assessing future stock performance, with recent estimate revisions trending unfavorably, resulting in a Zacks Rank 5 (Strong Sell) for the stock [6] Industry Context - Knife River operates within the Zacks Building Products - Miscellaneous industry, which is currently ranked in the bottom 39% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Knife River's stock may be influenced by the overall industry outlook, as historically, the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]