---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-037221"
form_type: "8-K"
ticker: "BKH"
cik: "0001130464"
company_name: "BLACK HILLS CORP /SD/"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:36:01.796392+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Black Hills Q2 EPS $0.35 vs $0.52 YoY; reaffirms 2023 EPS guidance $3.65-$3.85

## Summary
- Q2 diluted EPS $0.35, down from $0.52; net income $23.1M vs $33.4M.
- Reaffirmed 2023 EPS guidance $3.65-$3.85; capex ~$615M; equity issuance $140-$160M.
- Board approved $0.625 quarterly dividend, payable Sept 1 to holders of record Aug 18.
- Colorado Electric issued RFP for 400 MW renewables (battery storage) for Clean Energy Plan.
- Filed shelf registration; renewed ATM program up to $400M; issued 0.9M shares YTD for $57.7M.

## SEC filing metadata
- accession: 0000950170-23-037221
- form_type: 8-K
- ticker: BKH
- cik: 0001130464
- company_name: BLACK HILLS CORP /SD/
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130464/000095017023037221/0000950170-23-037221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130464/000095017023037221/bkh-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-037221
- JSON: https://secwatch.observer/filing/0000950170-23-037221.json
- Plain text: https://secwatch.observer/filing/0000950170-23-037221.txt

## Key facts
- Earnings Releases
  BLACK HILLS CORP /SD/ reported six months ended June 30, 2023 results: net income $ 137.1, EPS $ 2.06. Guidance reaffirmed.
  - Period: six months ended June 30, 2023
  - Net income: $ 137.1
  - EPS: $ 2.06
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net income available for common stock and earnings per share for the three and six months ended June 30, 2023, compared to the three and six months ended June 30, 2022, were: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (in millions, except per share amounts) Net income available for common stock $ 23.1 $ 33.4 $ 137.1 $ 150.9 Earnings per share, Diluted $ 0.35 $ 0.52 $ 2.06 $ 2.33
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130464/000095017023037221/0000950170-23-037221-index.htm
- Earnings Releases
  BLACK HILLS CORP /SD/ reported three months ended June 30, 2023 results: net income $ 23.1, EPS $ 0.35. Guidance reaffirmed.
  - Period: three months ended June 30, 2023
  - Net income: $ 23.1
  - EPS: $ 0.35
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net income available for common stock and earnings per share for the three and six months ended June 30, 2023, compared to the three and six months ended June 30, 2022, were: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (in millions, except per share amounts) Net income available for common stock $ 23.1 $ 33.4 $ 137.1 $ 150.9 Earnings per share, Diluted $ 0.35 $ 0.52 $ 2.06 $ 2.33
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130464/000095017023037221/0000950170-23-037221-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.