earnings
confidence high
sentiment neutral
materiality 0.60
Black Hills Q2 EPS $0.33 vs $0.35; reaffirms FY guidance $3.80-$4.00
BLACK HILLS CORP /SD/
2024-Q2 EPS reported
$2.19
revenue$1,129,000,000
- Q2 diluted EPS $0.33 ($22.8M net income) vs $0.35 ($23.1M) last year; YTD EPS $2.19 (+6% from $2.06).
- 2024 EPS guidance reaffirmed at $3.80-$4.00; plans $170M-$190M equity issuance via ATM program.
- Quarterly dividend $0.65/share declared, payable Sept 1; 54 consecutive years of increases.
- Partnered with Meta to power Cheyenne AI data center; procuring market energy under unique tariff.
- Issued $450M 6.00% senior notes due 2035; executed $750M credit facility extension to May 2029.