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Recap: Black Hills Q4 Earnings


Benzinga | Feb 9, 2021 04:58PM EST

Recap: Black Hills Q4 Earnings

Shares of Black Hills (NYSE:BKH) were unchanged after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 8.85% year over year to $1.23, which beat the estimate of $1.15.

Revenue of $486,400,000 higher by 1.82% year over year, which missed the estimate of $593,740,000.

Guidance

The upcoming fiscal year's EPS expected to be between $3.95 and $4.15.

Black Hills hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $87.12

Company's 52-week low was at $48.07

Price action over last quarter: Up 3.38%

Company Profile

Black Hills Corp is a U.S.-based energy company that operates through its regulated Electric Utilities, regulated Gas Utilities, Power Generation and Mining segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. Most of these customers are residential. Black Hills derives the majority of its revenue from its utilities business group, specifically from electric utilities.






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