---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055713"
form_type: "8-K"
ticker: "BKH"
cik: "0001130464"
company_name: "BLACK HILLS CORP /SD/"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T08:43:54.673774+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Black Hills Q1 EPS $1.87 beats $1.73 YoY; reaffirms FY24 guidance $3.80-$4.00

## Summary
- Net income $127.9M, up from $114.1M; diluted EPS $1.87 vs $1.73 (+8%) from new rates and lower opex.
- Gas Utilities operating income $130.8M (+14% YoY); Electric Utilities $64.6M (+6% YoY).
- Board approved $0.65 quarterly dividend, marking 54th consecutive annual increase.
- Issued 0.6M shares for $33.8M under ATM program; Fitch affirmed BBB+ with negative outlook.
- FY24 EPS guidance reaffirmed at $3.80-$4.00 assuming normal weather and $170-$190M equity issuance.

## SEC filing metadata
- accession: 0000950170-24-055713
- form_type: 8-K
- ticker: BKH
- cik: 0001130464
- company_name: BLACK HILLS CORP /SD/
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1130464/000095017024055713/0000950170-24-055713-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130464/000095017024055713/bkh-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055713
- JSON: https://secwatch.observer/filing/0000950170-24-055713.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055713.txt

## Key facts
- Earnings Releases
  BLACK HILLS CORP /SD/ reported first quarter of 2024 results: net income $127.9, EPS $1.87. Guidance reaffirmed.
  - Period: first quarter of 2024
  - Net income: $127.9
  - EPS: $1.87
  - Guidance: reaffirmed
  - Result: reported results
  source text: On May 8, 2024, Black Hills Corporation ("the Company") issued a press release announcing financial results for the first quarter of 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130464/000095017024055713/0000950170-24-055713-index.htm

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