“Today, we are reaffirming the 2024 guidance we shared last quarter, including mid-to-high single-digit price growth and flat to low-single-digit volume declines,” CEO Gray said. “We are also reaffirming revenue guidance in the range of $2.75 billion to $2.95 billion, and Adjusted EBITDA in the range of $425 million to $475 million.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KNF:
- Knife River price target raised to $89 from $81 at Loop Capital
- Knife River price target raised to $85 from $75 at Oppenheimer
- GE upgraded, Vail Resorts downgraded: Wall Street’s top analyst calls
- Wolfe starts Knife River at Peer Perform on ‘rich’ valuation
- Knife River initiated with a Peer Perform at Wolfe Research