Black Hills Corp expected to post earnings of $1.68 a share - Earnings Preview

Black Hills

02/05/2023 02:36

* Black Hills Corp  BKH.N   BKH  is expected to show a fall
in
quarterly revenue when it reports  results on May 3. 
    * The Rapid City South Dakota-based  company is expected to
report
 a 9.1% decrease in revenue to $748.253 million from $823.6
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Black Hills Corp is
for
earnings of $1.68 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Black Hills
Corp
is $67​, above​ its last closing price of $65.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  1.16        1.16       1.11      Missed  -4.1
 Sep. 30 2022  0.56        0.58       0.54      Missed  -6.6
 Jun. 30 2022  0.41        0.40       0.52      Beat    29.5​
 Mar. 31 2022  1.64        1.65       1.82      Beat    10.1
 ​​Dec.        1.25        1.28       1.11      Missed  -13.1
 31 2021                                                
 Sep. 30 2021  0.63        0.64       0.70      Beat    8.8​
 Jun. 30 2021  0.37        0.39       0.40      Beat    3.9
 Mar. 31 2021  1.66        1.66       1.54      Missed  -7.3
 This summary was machine generated May 2 at 01:36 GMT.  All
figures in US dollars  unless otherwise stated