secwatch.observer — SEC 8-K summary
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Issuer:     BLACK HILLS CORP /SD/ (BKH)
CIK:        0001130464
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000950170-25-066115
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Black Hills Q1 EPS $1.87 flat YoY; reaffirms FY2025 guidance $4.00-$4.20
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130464/000095017025066115/0000950170-25-066115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130464/000095017025066115/bkh-20250507.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-066115

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