Western South Dakota's Only Ranch Station

Black Hills Energy: Q4 Earnings Snapshot

RAPID CITY, S.D. (AP) — Black Hills Corp. (BKH) on Tuesday reported fourth-quarter net income of $72.5 million.

On a per-share basis, the Rapid City, South Dakota-based company said it had net income of $1.11.

The energy company posted revenue of $791.4 million in the period.

For the year, the company reported profit of $258.4 million, or $3.97 per share. Revenue was reported as $2.55 billion.

Black Hills expects full-year earnings to be $3.65 to $3.85 per share.

Black Hills shares have risen 1% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $71.02, a climb of nearly 5% in the last 12 months.

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