Black Hills Corp. (BKH) Tops Q1 EPS by 24c, Reaffirms FY16/17 EPS Guidance

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Go back to Black Hills Corp. (BKH) Tops Q1 EPS by 24c, Reaffirms FY16/17 EPS Guidance

Black Hills Corp. Reports First Quarter 2016 Results

May 3, 2016 4:24 PM EDT

SourceGas acquisition closed Feb. 12Adjusted EPS of $1.23, a 14 percent increase compared to prior-year periodPartial interest in Colorado IPP sold April 14 for $215 millionEarnings guidance for 2016 and 2017 reaffirmed

RAPID CITY, S.D., May 03, 2016 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced first-quarter 2016 financial results. Net income, as adjusted, was $64 million, or $1.23 per diluted share compared to net income, as adjusted, of $48 million, or $1.08 per diluted share, for the same period in 2015 (this is a non-GAAP measure and an accompanying schedule for the GAAP to non-GAAP adjustment... More