Black Hills Corp reports results for the quarter ended in June - Earnings Summary

Black Hills

03/08/2023 08:20

* Black Hills Corp  BKH.N  reported quarterly adjusted
earnings of
35 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
38 cents per share.
    * Revenue fell 13.3% to $411.30 million from a year ago;
analysts
expected $505.65 million. 
    * Black Hills Corp's reported EPS for the quarter was 35
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Black Hills Corp shares had fallen by 1.6% this
quarter and
lost 15.7% so far this year.
    * The company reported quarterly net income of $23.1
million.
    * Wall Street's median 12-month price target for Black Hills
Corp
is $66.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 07:18 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.38           0.35           Missed
 Mar. 31 2023      1.66           1.73           Beat
 Dec. 31 2022      1.16           1.11           Missed
 Sep. 30 2022      0.58           0.54           Missed