Knife River Reports Q3 EPS of $2.43, Trims 2026 Revenue Guidance
Third-quarter revenue was $1.28 billion. EPS and revenue were below FactSet estimates of $2.60 and $1.30 billion, respectively; 2026 revenue guidance is $3.38 billion to $3.43 billion, below the prior FactSet estimate of $3.43 billion.
Knife River Corporation reported third-quarter 2026 earnings per share of $2.43, falling short of the FactSet consensus estimate of $2.60. The company generated $1.28 billion in revenue for the quarter, also missing the FactSet estimate of $1.30 billion. Alongside the quarterly results, the company adjusted its 2026 revenue guidance to a range of $3.38 billion to $3.43 billion, which is below the prior FactSet estimate of $3.43 billion. These results reflect a period of missed expectations for the construction materials company.