earnings
confidence high
sentiment neutral
materiality 0.60
Black Hills Q1 EPS $1.87 flat YoY; reaffirms FY2025 guidance $4.00-$4.20
BLACK HILLS CORP /SD/
2025-Q1 EPS reported
$1.87
revenue$805,200,000
- Q1 diluted EPS $1.87, flat YoY; net income $134.3M vs $127.9M; revenue $805.2M (+11%).
- Gas utilities operating income rose $20.7M on new rates and favorable weather; electric utilities fell $10.3M.
- Reaffirms 2025 EPS guidance $4.00-$4.20; targets 4-6% long-term EPS growth; expects to serve 500 MW data center demand by 2028.
- New Colorado electric rates provide $17.5M annual revenue; Nebraska gas rate review seeks $34.9M; Wyoming wildfire liability protections enacted.
- Quarterly dividend $0.676/share ($2.70 annualized), 55th consecutive year of increases.