06:54 AM EDT, 08/06/2024 (MT Newswires) -- Knife River Corporation ( KNF ) reported Q2 earnings Tuesday of $1.37 per diluted share, up from $1 a year earlier.

Analysts surveyed by Capital IQ expected $1.22.

Revenue for the quarter ended June 30 was $806.9 million, compared with $785.2 million a year earlier.

Analysts surveyed by Capital IQ expected $803.8 million.

The company raised its 2024 revenue guidance to now be between $2.80 billion and $3 billion from the prior guidance range of $2.75 billion to $2.95 billion. Analysts polled by Capital IQ expect $2.90 billion.