Black Hills Corp. (BKH) Misses Q2 EPS by 14c, Reaffirms Guidance

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Go back to Black Hills Corp. (BKH) Misses Q2 EPS by 14c, Reaffirms Guidance

Black Hills Corp. Reports Second Quarter 2016 Results

August 3, 2016 4:51 PM EDT

RAPID CITY, S.D., Aug. 03, 2016 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced GAAP financial results for the second-quarter 2016. Net income available for common stock for the second quarter of 2016 was $0.7 million or $0.01 per diluted share, compared to net loss available for common stock for the second quarter of 2015 of $(42) million, or $(0.94) per diluted share. Results for the second quarter of 2016 included $0.30 per diluted share for noncash impairments of crude oil and natural gas properties and $0.08 per diluted share related to acquisition costs. The same period in the prior year included $1.49 per... More