Black Hills Earnings Reports

Black Hills Corp. announced strong earnings for Q4 2024, driven by regulatory and growth initiatives and expense management. The company delivered EPS of $1.37 for the quarter and $3.91 for the full year. They are projecting total data center load exceeding one gigawatt from existing customers and increased quarterly dividend by 4%.

Black Hills Corp. announced its Q3 2024 financial results, with earnings of $0.35 per share. The company reaffirmed its 2024 earnings guidance range of $3.80 to $4.00 per share. New customer rates were approved and implemented at the Arkansas natural gas utility, and a settlement agreement was filed for new customer rates at the Iowa natural gas utility. Key financing activities for 2024 were completed, achieving the long-term capitalization target.

Black Hills Corp. reported second quarter earnings of $0.33 per share, compared to $0.35 per share in the second quarter of 2023. Year-to-date earnings were up 6% compared to last year and the company reaffirmed its earnings guidance for the year.

Black Hills Corp. reported first-quarter earnings of $1.87 per share, an increase of 8% compared to the first quarter of 2023. Financial results were driven by new rates and rider recovery and lower operating expenses, offsetting the impact from lower heating degree days, a prior year gain on sale of non-core wind assets and new common shares issued. The company reaffirms its 2024 earnings guidance.

Black Hills Corp. reported a net income available for common stock of $79.6 million, or $1.17 per share, for the fourth quarter of 2023. The company also initiated 2024 EPS guidance in the range of $3.80 to $4.00 and increased its five-year capital plan to $4.3 billion.

Black Hills Corp. announced third-quarter 2023 earnings of $0.67 per share, driven by new rates, rider recovery, recapture of lost revenue, expense management and a gain on a strategic sale of land. The company reaffirmed its 2023 earnings guidance of $3.65 to $3.85 per share.

Black Hills Corp. reported a net income of $23.1 million, or $0.35 per share, for the second quarter of 2023. The results were driven by new rates, rider recovery, and a state income tax true-up, but were offset by the impact of inflation on operating expenses and higher interest expense. The company reaffirmed its 2023 earnings guidance.

Black Hills Corp. announced solid operational and financial results for Q1 2023, with earnings of $1.73 per share. The company benefited from new rates and rider recovery, gain on the sale of Northern Iowa Windpower assets, customer growth, wholesale energy sales and favorable weather. The company reaffirmed its 2023 earnings guidance.

Black Hills Corp. reported a net income available for common stock of $72.5 million, with an EPS of $1.11 for Q4 2022. The company's full-year EPS increased by 6% compared to 2021, driven by new rates, strong demand, customer growth, and wholesale energy sales. However, the company revised its 2023 EPS guidance due to macroeconomic challenges.

Black Hills Corp. announced financial results for Q3 2022, with net income available for common stock at $35.0 million, or $0.54 per share. The company reaffirmed its 2022 EPS guidance and initiated 2023 EPS guidance.

Black Hills Corp. reported second quarter results driven by new rates, rider recovery and a net one-time, $0.12 per share benefit related primarily to a true-up for Winter Storm Uri carrying costs, which were tempered by higher operating expenses.

Black Hills Corp. announced strong first quarter 2022 financial results, with earnings per share increasing 18% compared to the first quarter of 2021. The company reaffirmed its 2022 EPS guidance of $3.95 to $4.15.

Black Hills Corp. reported Q4 2021 earnings of $1.11 per share, impacted by record warm weather. The company reaffirmed its 2022 earnings guidance and extended its 5% to 7% earnings per share growth target through 2026.