Mdu resources posts higher q3 earnings, narrows 2019 guidance

Mdu resources reports increased third quarter earnings, narrows 2019 guidance.q3 earnings per share $0.69.q3 earnings per share estimate $0.61 -- refinitiv ibes data.sees fy 2019 earnings per share $1.50 to $1.60.narrows 2019 guidance.construction services business ended quarter with backlog of $1.2 billion, a 34% increase compared to $896 million for q3 of 2018.construction materials business backlog at end of q3 of $747 million, a 27% increase from $590 million in 2018.sees 2019 construction services revenues in range of $1.75 billion to $1.85 billion, with margins comparable to or slightly higher than 2018.sees 2019 construction materials revenue in range of $2.10 billion to $2.20 billion, with margins comparable to or slightly higher than 2018.qtrly total operating revenues $1,563.8 million versus $1,280.8 million.on a consolidated basis, anticipates 5% to 8% long-term compound annual growth on earnings per share for 2019.
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