Black Hills Energy releases 4th quarter earnings

RAPID CITY, S.D. (AP) _ Black Hills Corp. (BKH) on Tuesday reported fourth-quarter earnings of $77.2 million.

The Rapid City, South Dakota-based company said it had profit of $1.23 per share.

The energy company posted revenue of $486.4 million in the period.

For the year, the company reported profit of $227.6 million, or $3.65 per share. Revenue was reported as $1.7 billion.

Black Hills expects full-year earnings to be $3.80 to $4 per share.

Black Hills shares have risen roughly 2% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $62.48, a decline of 26% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BKH at https://www.zacks.com/ap/BKH

People are also reading...

Weather

loader-image
Rapid City, US
10:18 am, November 15, 2024
temperature icon 49°F
scattered clouds
Humidity 41 %
Pressure 1009 mb
Wind 5 mph
Wind Gust: 7 mph
Visibility: 10 km
Sunrise: 6:48 am
Sunset: 4:26 pm
Sarah Bestgen

Market News

Share via
Copy link