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Stock impact report

Black Hills Corp. Reports 2024 First-Quarter Results and Reaffirms 2024 Earnings Guidance

Black Hills Corporation (BKH) 
Last black hills corporation earnings: 2/6 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.blackhillscorp.com
Company Research Source: GlobeNewswire
RAPID CITY, S.D., May 08, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter of 2024. Net income available for common stock and earnings per share for the three months ended March 31, 2024, compared to the three months ended March 31, 2023, were:  Three Months Ended March 31, 2024 2023 (in millions, except per share amounts)Net income available for common stock$127.9 $114.1Earnings per share, Diluted$1.87 $1.73       First quarter earnings were $1.87 per share compared to $1.73 per share in the first quarter of 2023, an increase of 8%. Financial results were driven by new rates and rider recovery and lower operating expenses. These benefits more than offset the impact from 10% lower heating degree days, a prior year gain on sale of non-core wind assets and new common shares issued. “Our team delivered a strong start to the year and we are on track to meet our operational and financial objectives for the year,” said Linn Ev Show less Read more
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