Black Hills Corp. (BKH) Tops Q3 EPS by 5c

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Black Hills Corp. Reports Third Quarter 2016 Results and Updates Earnings Guidance

November 2, 2016 4:16 PM EDT

RAPID CITY, S.D., Nov. 02, 2016 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the third-quarter 2016. Net income available for common stock for the third quarter of 2016 was $14 million or $0.26 per diluted share, compared to net loss available for common stock for the third quarter of 2015 of $(9.9) million, or $(0.22) per diluted share. Results for the third quarter of 2016 included $0.15 per diluted share for a noncash impairment of crude oil and natural gas properties and $0.07 per diluted share related to acquisition costs. The same period in the prior year included $0.80... More