Black Hills Corp expected to post earnings of $1.70 a share - Earnings Preview

Black Hills

07/05/2024 03:22

* Black Hills Corp  BKH.N   BKH  is expected to show a fall
in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Rapid City South Dakota-based  company is expected to
report
a 25.9% decrease in revenue to $683.04 million from $921.2
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Black Hills Corp is for
earnings of $1.70 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 no "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 $56.00​, below​ its last closing price of $56.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.07        1.08       1.17      Beat    8.7
 Sep. 30 0001  0.53        0.53       0.67      Beat    26.4
 Jun. 30 2023  0.38        0.38       0.35      Missed  -7.3​
 Mar. 31 2023  1.65        1.66       1.73      Beat    4
 ​​Dec.        1.16        1.16       1.11      Missed  -4.1
 31 2022                                                
 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
 This summary was machine generated May 7 at 02:21 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)