Knife River Holding Watchlist

tz-plus logo Knife River Holding (KNF) in Pivotal Point Check: Materials Specialist Impresses with EBITDA Explosion and Record Backlog of Over $1 Billion!

W. Zussner
Reading Time: 3 minutes

Earnings per share exceed expectations in Q4 with $0.56. Record backlog of over $1.0 billion - up 38% year-over-year. The materials manufacturer forecasts revenue of up to $3.5 billion for the new fiscal year. Knife River Holding offers materials, aggregates, ready-mix concrete, and asphalt. On February 17, the company presented strong figures, leading to a stock increase of around 16%. This jump marks a significant turning point, as the company has clearly surpassed market expectations in both revenue and earnings. The...

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