Knife River: Q3 Earnings Snapshot

BISMARCK, N.D. (AP) — BISMARCK, N.D. (AP) — Knife River Corp. (KNF) on Tuesday reported third-quarter profit of $137.9 million.

The Bismarck, North Dakota-based company said it had profit of $2.43 per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.59 per share.

The construction materials company posted revenue of $1.28 billion in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $1.29 billion.

Knife River expects full-year revenue in the range of $3.38 billion to $3.43 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KNF at https://www.zacks.com/ap/KNF